$2,078 Closing Credit*
$175,000
1,038 SqFt
3 Beds
•1 Full Bath, 1 Partial
Austin Cochran, Listing Office: Keller Williams Preferred
Is 74047, 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, 74047 was a Seller's Market.
Key Takeaway
74047 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74047, OK
How much do homes in 74047, OK cost?
Median Sold Price
$350,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$97,500(+38.6%)
Key Takeaway
Homes in 74047 have sold for 38.6% more than they did a year ago.
Summary: The median home sold price in 74047 was $350,000 in November 2024, up 38.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.5K | $136.5K | -19.5% |
| 3 Bedrooms | $234.5K | $332.4K | +41.8% |
| 4 Bedrooms | $297.5K | $545K | +83.2% |
| 5+ Bedrooms | $816K | $750K | -8.1% |
Summary: 74047 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 19.5%, 3 bedroom homes increased by 41.8%, 4 bedroom homes increased by 83.2%, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in 74047, OK
How many homes are available in 74047, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The 74047 real estate market had 19 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 74047 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74047, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 74047 in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 74047, OK
How long does it take to sell a home in 74047, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 45 Days | -33.6% |
Summary: Homes in 74047 had an average of 45 days on market in Nov 2024, down by 33.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 74047 has remained consistent over time.
Summary: During November 2024, 1 homes were sold in 74047; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
