Is 74873, 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, 74873 has remained a Seller's Market.
Key Takeaway
74873 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74873, OK
How much do homes in 74873, OK cost?
Median Sold Price
$180,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74873 have sold for 20% more than they did a year ago.
Summary: The median home sold price in 74873 was $180,000 in April 2024, up 20% 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 | $85K | - | N/A |
| 2 Bedrooms | $88.7K | $110K | +24.0% |
| 3 Bedrooms | $160K | $140K | -12.5% |
| 4 Bedrooms | $251.9K | $246.4K | -2.2% |
| 5+ Bedrooms | $389.9K | $287K | -26.4% |
Summary: 74873 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 24%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 26.4%.
Housing Supply in 74873, OK
How many homes are available in 74873, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 47 | +4.4% |
Summary: The 74873 real estate market had 47 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 28 | 30 | +7.1% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 74873 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74873, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 74873 in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
Days on Market for 74873, OK
How long does it take to sell a home in 74873, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 51 Days | +92.7% |
Summary: Homes in 74873 had an average of 51 days on market in Apr 2024, up by 92.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74873 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 74873; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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