Is 74136, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74136 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 74136 has remained a Seller's Market.

Key Takeaway

74136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74136, OK

How much do homes in 74136, OK cost?

Median Sold Price

$244,500

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$2,133(-0.9%)

Key Takeaway

Homes in 74136 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 74136 was $244,500 in May 2024, down 0.9% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $42.3K$48K
+13.3%
2 $72.4K$89.5K
+23.7%
3 $275K$276.5K
0.5%
4 $340K$352.2K
+3.6%
5+ $437.5K$451K
+3.1%

Summary: 74136 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

74135
+5.1%
74133
+4.0%
74136
-0.9%
74105
-6.8%
74137
-16.3%

Housing Supply in 74136, OK

How many homes are available in 74136, OK?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1341340.0%

Summary: The 74136 real estate market had 134 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1922
+15.8%
2 2826
-7.1%
3 4237
-11.9%
4 2931
+6.9%
5+ 1618
+12.5%

Summary: The 74136 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.8%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3639+8.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74136, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 74136 in May 2024, up by 8.3% month-over-month. Of the 39 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for 74136, OK

How long does it take to sell a home in 74136, OK?

Average Sale Time

May 2023May 2024CHANGE
25 Days28 Days+9.8%

Summary: Homes in 74136 had an average of 28 days on market in May 2024, up by 9.8% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74136 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 39 homes were sold in 74136; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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