$72,000
2.57 Acres
Land
Marilyn Morenz, Listing Office: Chinowth & Cohen
Is 74053, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 74053 was a Neutral Market.
Key Takeaway
74053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74053, OK
How much do homes in 74053, OK cost?
Median Sold Price
$315,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,250(+8.0%)
Key Takeaway
Homes in 74053 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 74053 was $315,000 in October 2024, up 8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $135K | -42.6% |
| 2 Bedrooms | - | $199K | N/A |
| 3 Bedrooms | $249.5K | $240K | -3.8% |
| 4 Bedrooms | $330K | $451K | +36.7% |
| 5+ Bedrooms | $400K | $640K | +60.0% |
Summary: 74053 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.6%, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 60%.
Housing Supply in 74053, OK
How many homes are available in 74053, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The 74053 real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 74053 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74053, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 74053 in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 74053, OK
How long does it take to sell a home in 74053, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 54 Days | +128.2% |
Summary: Homes in 74053 had an average of 54 days on market in Oct 2024, up by 128.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74053 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 74053; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
