Is 74868, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 74868 was a Seller's Market.
Key Takeaway
74868 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 74868, OK
How much do homes in 74868, OK cost?
Median Sold Price
$139,900
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 74868 have sold for 37.2% more than they did a year ago.
Summary: The median home sold price in 74868 was $139,900 in May 2024, up 37.2% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $67.9K | $68.7K | +1.3% |
| 3 Bedrooms | $120K | $149K | +24.2% |
| 4 Bedrooms | $132.5K | $200K | +50.9% |
| 5+ Bedrooms | $252K | $440K | +74.6% |
Summary: 74868 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 increased by 1.3%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 50.9%, and 5+ bedroom homes increased by 74.6%.
Median Sold Price Compared To Nearby Zip Codes
| 74868 | $102K | $139.9K | +37.2% |
| 74884 | $100K | $117K | +17.0% |
Housing Supply in 74868, OK
How many homes are available in 74868, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 58 | +5.5% |
Summary: The 74868 real estate market had 58 homes for sale in May 2024, a 5.5% 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 33 | 34 | +3.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 74868 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 14.3%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74868, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 74868 in May 2024, down by 30.8% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for 74868, OK
How long does it take to sell a home in 74868, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 94 Days | +93.6% |
Summary: Homes in 74868 had an average of 94 days on market in May 2024, up by 93.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 74868 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 9 homes were sold in 74868; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
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