$3,741 Closing Credit*
$314,990
1,560 SqFt
3 Beds
•2 Full Baths
Larry Pennington, Listing Office: Pennington & Assoc Realtors
Is 74014, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$309,910
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,993(+4.0%)
Key Takeaway
Homes in 74014 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 74014 was $309,910 in October 2024, up 4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $537.5K | $170K | -68.4% |
| 2 Bedrooms | $215K | $215K | 0.0% |
| 3 Bedrooms | $271.3K | $284.9K | +5.0% |
| 4 Bedrooms | $366.7K | $372.4K | +1.6% |
| 5+ Bedrooms | $553.9K | $452K | -18.4% |
Summary: 74014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 18.4%.
Housing Supply in 74014, OK
How many homes are available in 74014, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 341 | 370 | +8.5% |
Summary: The 74014 real estate market had 370 homes for sale in October 2024, a 8.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 197 | 208 | +5.6% |
| 4 Bedrooms | 116 | 134 | +15.5% |
| 5+ Bedrooms | 24 | 23 | -4.2% |
Summary: The 74014 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 75 | +4.2% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74014, expect to pay close to the asking price. 42.7% of homes here sold near the asking price last month.
Summary: A total of 75 homes were sold or pending in 74014 in October 2024, up by 4.2% month-over-month. Of the 75 sold homes, 39% were sold under asking, 43% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 40 Days | +37.4% |
Summary: Homes in 74014 had an average of 40 days on market in Oct 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
13 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 October 2024, 75 homes were sold in 74014; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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