Is 74033, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74033 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74033 was a Seller's Market.

Key Takeaway

74033 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 74033, OK

How much do homes in 74033, OK cost?

Median Sold Price

$284,990

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,990(+2.1%)

Key Takeaway

Homes in 74033 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 74033 was $284,990 in November 2024, up 2.1% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $133.9K$114.7K
-14.3%
3 $240.5K$239.9K
-0.2%
4 $325.7K$333.5K
+2.4%
5+ $420K$540K
+28.6%

Summary: 74033 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 decreased by 14.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 28.6%.

Median Sold Price Compared To Nearby Zip Codes

74047
+38.6%
74041
+15.3%
74008
+3.3%
74033
+2.1%
74037
-2.4%

Housing Supply in 74033, OK

How many homes are available in 74033, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
110100-9.1%

Summary: The 74033 real estate market had 100 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 5451
-5.6%
4 5043
-14.0%
5+ 21
-50.0%

Summary: The 74033 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 increased by 33.3%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2415-37.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74033, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 74033 in November 2024, down by 37.5% month-over-month. Of the 15 sold homes, 33% were sold under asking, 40% were sold at asking, and 27% were sold over asking.

Days on Market for 74033, OK

How long does it take to sell a home in 74033, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days40 Days+33.8%

Summary: Homes in 74033 had an average of 40 days on market in Nov 2024, up by 33.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74033 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in 74033; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

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