Is 74073, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74073 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74073 has remained a Seller's Market.

Key Takeaway

74073 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74073, OK

How much do homes in 74073, OK cost?

Median Sold Price

$307,900

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$67,900(+28.3%)

Key Takeaway

Homes in 74073 have sold for 28.3% more than they did a year ago.

Summary: The median home sold price in 74073 was $307,900 in October 2024, up 28.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $24K-
N/A
2 $151K$158.5K
+5.0%
3 $204.5K$250K
+22.2%
4 $419.2K$417K
-0.5%
5+ $824.7K$750K
-9.1%

Summary: 74073 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 5%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

74073
+28.3%
74126
+12.5%
74070
+11.8%

Housing Supply in 74073, OK

How many homes are available in 74073, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3028-6.7%

Summary: The 74073 real estate market had 28 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 1612
-25.0%
4 109
-10.0%
5+ 11
0.0%

Summary: The 74073 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 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74073, 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 74073 in October 2024, down by 44.4% month-over-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 74073, OK

How long does it take to sell a home in 74073, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days32 Days+64.7%

Summary: Homes in 74073 had an average of 32 days on market in Oct 2024, up by 64.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74073 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 74073; 80% of homes were sold within 30 days, 0% 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 17 Days Ago

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