$4,750 Closing Credit*
$400,000
2,238 SqFt
3 Beds
•2 Full Baths
Jared Haley, Listing Office: eXp Realty, LLC
Is 74055, 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, 74055 was a Seller's Market.
Key Takeaway
74055 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 74055, OK
How much do homes in 74055, OK cost?
Median Sold Price
$329,896
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,149(+4.8%)
Key Takeaway
Homes in 74055 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 74055 was $329,896 in October 2024, up 4.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $158.7K | $209.4K | +31.9% |
| 3 Bedrooms | $252.5K | $277K | +9.7% |
| 4 Bedrooms | $374.9K | $399K | +6.4% |
| 5+ Bedrooms | $504.2K | $555K | +10.1% |
Summary: 74055 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in 74055, OK
How many homes are available in 74055, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 283 | 287 | +1.4% |
Summary: The 74055 real estate market had 287 homes for sale in October 2024, a 1.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 123 | 121 | -1.6% |
| 4 Bedrooms | 127 | 135 | +6.3% |
| 5+ Bedrooms | 30 | 27 | -10.0% |
Summary: The 74055 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 47 | -14.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74055, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 74055 in October 2024, down by 14.5% month-over-month. Of the 47 sold homes, 49% were sold under asking, 36% were sold at asking, and 15% were sold over asking.
Days on Market for 74055, OK
How long does it take to sell a home in 74055, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 47 Days | +54.3% |
Summary: Homes in 74055 had an average of 47 days on market in Oct 2024, up by 54.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74055 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 47 homes were sold in 74055; 49% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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