Is 74132, 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, 74132 has remained a Seller's Market.
Key Takeaway
74132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74132, OK
How much do homes in 74132, OK cost?
Median Sold Price
$403,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 74132 have sold for 36.8% more than they did a year ago.
Summary: The median home sold price in 74132 was $403,500 in May 2024, up 36.8% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $415K | $313.5K | -24.5% |
| 3 Bedrooms | $220K | $252.5K | +14.8% |
| 4 Bedrooms | $373.4K | $502.5K | +34.6% |
| 5+ Bedrooms | $642.5K | $635K | -1.2% |
Summary: 74132 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 34.6%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in 74132, OK
How many homes are available in 74132, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 55 | +17.0% |
Summary: The 74132 real estate market had 55 homes for sale in May 2024, a 17.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 74132 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74132, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 74132 in May 2024, the same as the previous month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.
Days on Market for 74132, OK
How long does it take to sell a home in 74132, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 14 Days | -48.5% |
Summary: Homes in 74132 had an average of 14 days on market in May 2024, down by 48.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74132 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in 74132; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
