Is 74003, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 74003 has remained a Seller's Market.
Key Takeaway
74003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74003, OK
How much do homes in 74003, OK cost?
Median Sold Price
$100,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 74003 have sold for 9.3% less than they did a year ago.
Summary: The median home sold price in 74003 was $100,000 in May 2024, down 9.3% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $44.2K | $25K | -43.5% |
| 2 Bedrooms | $74K | $85.7K | +15.9% |
| 3 Bedrooms | $121.8K | $121.4K | -0.3% |
| 4 Bedrooms | $194.9K | $232.5K | +19.3% |
| 5+ Bedrooms | $215.4K | $280K | +30.0% |
Summary: 74003 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.5%, 2 bedroom homes increased by 15.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 30%.
Housing Supply in 74003, OK
How many homes are available in 74003, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 63 | -8.7% |
Summary: The 74003 real estate market had 63 homes for sale in May 2024, a 8.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 34 | 28 | -17.6% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 74003 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74003, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 74003 in May 2024, up by 5.0% month-over-month. Of the 21 sold homes, 67% were sold under asking, 14% were sold at asking, and 19% were sold over asking.
Days on Market for 74003, OK
How long does it take to sell a home in 74003, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 24 Days | +11.7% |
Summary: Homes in 74003 had an average of 24 days on market in May 2024, up by 11.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74003 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in 74003; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.