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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74015 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74015 has remained a Seller's Market.

Key Takeaway

74015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74015, OK

How much do homes in 74015, OK cost?

Median Sold Price

$360,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+2.9%)

Key Takeaway

Homes in 74015 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 74015 was $360,000 in November 2024, up 2.9% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$152.5K
N/A
2 $118.5K$150K
+26.6%
3 $250K$241K
-3.6%
4 $619.9K$589.5K
-4.9%
5+ $900K$852.4K
-5.3%

Summary: 74015 housing prices by bedroom type for November 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 3.6%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Zip Codes

74108
+20.0%
74055
+4.2%
74019
+3.2%
74015
+2.9%

Housing Supply in 74015, OK

How many homes are available in 74015, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4044+10.0%

Summary: The 74015 real estate market had 44 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1616
0.0%
4 1620
+25.0%
5+ 66
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 74015 in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% 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

Nov 2023Nov 2024CHANGE
38 Days59 Days+54.2%

Summary: Homes in 74015 had an average of 59 days on market in Nov 2024, up by 54.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 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 November 2024, 11 homes were sold in 74015; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 22 Days Ago

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