Is 74857, 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, 74857 has remained a Seller's Market.
Key Takeaway
74857 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74857, OK
How much do homes in 74857, OK cost?
Median Sold Price
$269,100
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74857 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 74857 was $269,100 in April 2024, up 8.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $110K | $173.5K | +57.7% |
| 3 Bedrooms | $248.5K | $229K | -7.8% |
| 4 Bedrooms | $335K | $381.5K | +13.9% |
| 5+ Bedrooms | $462.5K | $434.9K | -6.0% |
Summary: 74857 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.7%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 6%.
Housing Supply in 74857, OK
How many homes are available in 74857, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The 74857 real estate market had 36 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 74857 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 increased by 100%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74857, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 74857 in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for 74857, OK
How long does it take to sell a home in 74857, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 27 Days | +19.5% |
Summary: Homes in 74857 had an average of 27 days on market in Apr 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74857 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 74857; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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