Is 74851, 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, 74851 has remained a Seller's Market.
Key Takeaway
74851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74851, OK
How much do homes in 74851, OK cost?
Median Sold Price
$243,712
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74851 have sold for 31.4% more than they did a year ago.
Summary: The median home sold price in 74851 was $243,712 in April 2024, up 31.4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $150K | +66.7% |
| 2 Bedrooms | $130K | $150K | +15.4% |
| 3 Bedrooms | $178.7K | $236.7K | +32.4% |
| 4 Bedrooms | $252.6K | $325.7K | +29.0% |
| 5+ Bedrooms | - | $420K | N/A |
Summary: 74851 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 29%, and 5+ bedroom homes did not change.
Housing Supply in 74851, OK
How many homes are available in 74851, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Summary: The 74851 real estate market had 27 homes for sale in April 2024, a 6.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 74851 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74851, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 74851 in April 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 74851, OK
How long does it take to sell a home in 74851, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 25 Days | -36.5% |
Summary: Homes in 74851 had an average of 25 days on market in Apr 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74851 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in 74851; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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