Is 74011, 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, 74011 has remained a Seller's Market.
Key Takeaway
74011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74011, OK
How much do homes in 74011, OK cost?
Median Sold Price
$315,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74011 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 74011 was $315,000 in April 2024, up 5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $92K | N/A |
| 2 Bedrooms | $157K | $316K | +101.3% |
| 3 Bedrooms | $249.4K | $260K | +4.2% |
| 4 Bedrooms | $355K | $369.9K | +4.2% |
| 5+ Bedrooms | $500K | $557.2K | +11.5% |
Summary: 74011 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 101.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 74011, OK
How many homes are available in 74011, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 219 | 216 | -1.4% |
Summary: The 74011 real estate market had 216 homes for sale in April 2024, a 1.4% 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 | 9 | 8 | -11.1% |
| 3 Bedrooms | 93 | 96 | +3.2% |
| 4 Bedrooms | 102 | 94 | -7.8% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The 74011 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 11.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 54 | -5.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74011, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 74011 in April 2024, down by 5.3% month-over-month. Of the 54 sold homes, 46% were sold under asking, 26% were sold at asking, and 28% were sold over asking.
Days on Market for 74011, OK
How long does it take to sell a home in 74011, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 43 Days | +4.2% |
Summary: Homes in 74011 had an average of 43 days on market in Apr 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74011 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 54 homes were sold in 74011; 65% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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