Is 74014, 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, 74014 has remained a Seller's Market.
Key Takeaway
74014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74014, OK
How much do homes in 74014, OK cost?
Median Sold Price
$303,901
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74014 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 74014 was $303,901 in April 2024, up 6.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $975K | $135K | -86.2% |
| 2 Bedrooms | $171K | $225K | +31.6% |
| 3 Bedrooms | $250K | $272.8K | +9.1% |
| 4 Bedrooms | $377K | $357K | -5.3% |
| 5+ Bedrooms | $480K | $557.9K | +16.2% |
Summary: 74014 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 86.2%, 2 bedroom homes increased by 31.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 16.2%.
Housing Supply in 74014, OK
How many homes are available in 74014, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 289 | 320 | +10.7% |
Summary: The 74014 real estate market had 320 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 156 | 173 | +10.9% |
| 4 Bedrooms | 115 | 125 | +8.7% |
| 5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The 74014 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 66.7%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 79 | +51.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74014, expect to pay close to the asking price. 44.3% of homes here sold near the asking price last month.
Summary: A total of 79 homes were sold or pending in 74014 in April 2024, up by 51.9% month-over-month. Of the 79 sold homes, 32% were sold under asking, 44% were sold at asking, and 24% were sold over asking.
Days on Market for 74014, OK
How long does it take to sell a home in 74014, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 61 Days | +85.8% |
Summary: Homes in 74014 had an average of 61 days on market in Apr 2024, up by 85.8% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74014 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 79 homes were sold in 74014; 46% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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