$50,000
0.19 Acres
Land
Dana Cramer, Listing Office: C21/First Choice Realty
Is 74023, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 74023 was a Neutral Market.
Key Takeaway
74023 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74023, OK
How much do homes in 74023, OK cost?
Median Sold Price
$140,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,250(-4.9%)
Key Takeaway
Homes in 74023 have sold for 4.9% less than they did a year ago.
Summary: The median home sold price in 74023 was $140,000 in November 2024, down 4.9% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $72.4K | $92.5K | +27.7% |
| 3 Bedrooms | $151.5K | $148K | -2.3% |
| 4 Bedrooms | $240K | $210K | -12.5% |
| 5+ Bedrooms | $189K | $240K | +27.0% |
Summary: 74023 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 27.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Zip Codes
| 74023 | $147.2K | $140K | -4.9% |
| 74030 | $147K | $128.2K | -12.8% |
Housing Supply in 74023, OK
How many homes are available in 74023, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 58 | -1.7% |
Summary: The 74023 real estate market had 58 homes for sale in November 2024, a 1.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 34 | 33 | -2.9% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74023 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 5 | -61.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74023, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 74023 in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 74023, OK
How long does it take to sell a home in 74023, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 31 Days | +51.0% |
Summary: Homes in 74023 had an average of 31 days on market in Nov 2024, up by 51% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74023 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 74023; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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