Is 74015, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74015 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 74015 was a Seller's Market.

Key Takeaway

74015 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74015, OK

How much do homes in 74015, OK cost?

Median Sold Price

$350,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,500(-6.0%)

Key Takeaway

Homes in 74015 have sold for 6% less than they did a year ago.

Summary: The median home sold price in 74015 was $350,000 in October 2024, down 6% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $118.5K$150K
+26.6%
3 $250K$236K
-5.6%
4 $660K$582K
-11.8%
5+ $900K$820K
-8.9%

Summary: 74015 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 8.9%.

Median Sold Price Compared To Nearby Zip Codes

74108
+19.0%
74055
+4.8%
74019
+1.6%
74015
-6.0%

Housing Supply in 74015, OK

How many homes are available in 74015, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
44440.0%

Summary: The 74015 real estate market had 44 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 1915
-21.1%
4 1620
+25.0%
5+ 87
-12.5%

Summary: The 74015 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74015, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 74015 in October 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 74015, OK

How long does it take to sell a home in 74015, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days32 Days-4.8%

Summary: Homes in 74015 had an average of 32 days on market in Oct 2024, down by 4.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74015 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 74015; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 74015, OK

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