Is 74021, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74021 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74021 has remained a Seller's Market.

Key Takeaway

74021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74021, OK

How much do homes in 74021, OK cost?

Median Sold Price

$277,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.1%)

Key Takeaway

Homes in 74021 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 74021 was $277,000 in November 2024, up 1.1% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$45K
N/A
2 $145K$177.5K
+22.4%
3 $247.7K$260K
+4.9%
4 $341.7K$356.2K
+4.2%
5+ $434.9K$500K
+15.0%

Summary: 74021 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 22.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Zip Codes

74053
+26.7%
74055
+4.2%
74021
+1.1%

Housing Supply in 74021, OK

How many homes are available in 74021, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
137132-3.6%

Summary: The 74021 real estate market had 132 homes for sale in November 2024, a 3.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 73
-57.1%
3 6771
+6.0%
4 5753
-7.0%
5+ 65
-16.7%

Summary: The 74021 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 decreased by 57.1%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2825-10.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74021, you may be able to get a good deal. 68% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 74021 in November 2024, down by 10.7% month-over-month. Of the 25 sold homes, 68% were sold under asking, 28% were sold at asking, and 4% were sold over asking.

Days on Market for 74021, OK

How long does it take to sell a home in 74021, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days31 Days-9.9%

Summary: Homes in 74021 had an average of 31 days on market in Nov 2024, down by 9.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 74021 has remained consistent over time.

Summary: During November 2024, 25 homes were sold in 74021; 44% of homes were sold within 30 days, 56% 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 22 Days Ago

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