$5,461 Closing Credit*
$459,900
2,338 SqFt
3 Beds
•2 Full Baths
Robb Hopper, Listing Office: REAL Brokers LLC.
Is 74021, 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, 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 October 2023
+$2,000(+0.7%)
Key Takeaway
Homes in 74021 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 74021 was $277,000 in October 2024, up 0.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $45K | N/A |
| 2 Bedrooms | $150K | $175K | +16.7% |
| 3 Bedrooms | $246.5K | $260.4K | +5.7% |
| 4 Bedrooms | $345K | $364K | +5.5% |
| 5+ Bedrooms | $434.9K | $510K | +17.3% |
Summary: 74021 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 16.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 17.3%.
Housing Supply in 74021, OK
How many homes are available in 74021, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 142 | 143 | +0.7% |
Summary: The 74021 real estate market had 143 homes for sale in October 2024, a 0.7% 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 73 | 72 | -1.4% |
| 4 Bedrooms | 56 | 58 | +3.6% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 74021 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 remained the same, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74021, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 74021 in October 2024, up by 7.7% month-over-month. Of the 28 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 67 Days | 47 Days | -29.5% |
Summary: Homes in 74021 had an average of 47 days on market in Oct 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74021 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 74021; 61% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.