Is 74037, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74037 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74037 has remained a Seller's Market.

Key Takeaway

74037 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74037, OK

How much do homes in 74037, OK cost?

Median Sold Price

$366,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,966(-2.4%)

Key Takeaway

Homes in 74037 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 74037 was $366,000 in November 2024, down 2.4% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $316K$170K
-46.2%
3 $276.6K$305K
+10.2%
4 $450.4K$426.5K
-5.3%
5+ $535.2K$495K
-7.5%

Summary: 74037 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 46.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

74132
+41.7%
74137
+9.0%
74136
+7.3%
74008
+3.3%
74037
-2.4%

Housing Supply in 74037, OK

How many homes are available in 74037, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
135133-1.5%

Summary: The 74037 real estate market had 133 homes for sale in November 2024, a 1.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 4444
0.0%
4 7875
-3.8%
5+ 1212
0.0%

Summary: The 74037 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2433+37.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74037, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 74037 in November 2024, up by 37.5% month-over-month. Of the 33 sold homes, 58% were sold under asking, 30% were sold at asking, and 12% were sold over asking.

Days on Market for 74037, OK

How long does it take to sell a home in 74037, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days43 Days+2.3%

Summary: Homes in 74037 had an average of 43 days on market in Nov 2024, up by 2.3% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74037 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 33 homes were sold in 74037; 61% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 12% 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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