Is 74820, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 74820 has remained a Seller's Market.
Key Takeaway
74820 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74820, OK
How much do homes in 74820, OK cost?
Median Sold Price
$175,920
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74820 have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in 74820 was $175,920 in April 2024, down 2.8% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $44K | $69.5K | +58.0% |
| 2 Bedrooms | $75K | $107K | +42.7% |
| 3 Bedrooms | $192.4K | $175.4K | -8.9% |
| 4 Bedrooms | $281K | $265K | -5.7% |
| 5+ Bedrooms | $502.5K | $380K | -24.4% |
Summary: 74820 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58%, 2 bedroom homes increased by 42.7%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 24.4%.
Housing Supply in 74820, OK
How many homes are available in 74820, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 135 | 155 | +14.8% |
Summary: The 74820 real estate market had 155 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 27 | -3.6% |
| 3 Bedrooms | 74 | 87 | +17.6% |
| 4 Bedrooms | 25 | 33 | +32.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 74820 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 32%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 36 | +12.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74820, you may be able to get a good deal. 52.8% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 74820 in April 2024, up by 12.5% month-over-month. Of the 36 sold homes, 53% were sold under asking, 36% were sold at asking, and 11% were sold over asking.
Days on Market for 74820, OK
How long does it take to sell a home in 74820, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 26 Days | -13.7% |
Summary: Homes in 74820 had an average of 26 days on market in Apr 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74820 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 36 homes were sold in 74820; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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