Is 74872, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 74872 was a Seller's Market.
Key Takeaway
74872 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74872, OK
How much do homes in 74872, OK cost?
Median Sold Price
$180,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 74872 have sold for 50% more than they did a year ago.
Summary: The median home sold price in 74872 was $180,000 in March 2024, up 50% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $45K | $78.5K | +74.4% |
| 3 Bedrooms | $120K | $228.5K | +90.4% |
| 4 Bedrooms | $203K | $257.5K | +26.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 74872 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 74.4%, 3 bedroom homes increased by 90.4%, 4 bedroom homes increased by 26.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 74872 | $120K | $180K | +50.0% |
| 73075 | $162K | $200K | +23.5% |
| 74865 | $167.5K | $159K | -5.1% |
Housing Supply in 74872, OK
How many homes are available in 74872, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The 74872 real estate market had 17 homes for sale in March 2024, a 30.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74872 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 55.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74872, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 74872 in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 74872, OK
How long does it take to sell a home in 74872, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 1 Days | -98.1% |
Summary: Homes in 74872 had an average of 1 days on market in Mar 2024, down by 98.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74872 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in 74872; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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