Is 74017, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74017 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74017 has remained a Seller's Market.

Key Takeaway

74017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74017, OK

How much do homes in 74017, OK cost?

Median Sold Price

$224,900

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,100(-2.2%)

Key Takeaway

Homes in 74017 have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in 74017 was $224,900 in October 2024, down 2.2% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $110K$136.5K
+24.1%
2 $135K$135K
0.0%
3 $209K$217.2K
+3.9%
4 $347.5K$290K
-16.5%
5+ $296.5K$530K
+78.8%

Summary: 74017 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 78.8%.

Median Sold Price Compared To Nearby Zip Codes

74016
+19.6%
74053
+8.0%
74019
+1.6%
74017
-2.2%

Housing Supply in 74017, OK

How many homes are available in 74017, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
137135-1.5%

Summary: The 74017 real estate market had 135 homes for sale in October 2024, a 1.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1216
+33.3%
3 7164
-9.9%
4 3839
+2.6%
5+ 1414
0.0%

Summary: The 74017 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 33.3%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3234+6.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74017, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 74017 in October 2024, up by 6.3% month-over-month. Of the 34 sold homes, 56% were sold under asking, 24% were sold at asking, and 21% were sold over asking.

Days on Market for 74017, OK

How long does it take to sell a home in 74017, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days33 Days+33.0%

Summary: Homes in 74017 had an average of 33 days on market in Oct 2024, up by 33% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74017 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 34 homes were sold in 74017; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 15% 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 4 Days Ago

Newest Listings in 74017, OK

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