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 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

# BEDSOct 2023Oct 2024CHANGE
1 -$45K
N/A
2 $150K$175K
+16.7%
3 $246.5K$260.4K
+5.7%
4 $345K$364K
+5.5%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

74053
+8.0%
74055
+4.8%
74021
+0.7%

Housing Supply in 74021, OK

How many homes are available in 74021, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
142143+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

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 7372
-1.4%
4 5658
+3.6%
5+ 66
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 2024Oct 2024CHANGE
2628+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

Asking vs Sold - buyer

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 2023Oct 2024CHANGE
67 Days47 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

Breakdown of Home Sale Times

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.

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 74021, OK

Nearby Markets to 74021, OK