$65,000
0.50 Acres
Land
Caleb Collins, Listing Office: Access Real Estate LLC
Is 74074, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 74074 has remained a Seller's Market.
Key Takeaway
74074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74074, OK
How much do homes in 74074, OK cost?
Median Sold Price
$225,318
$157/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$23,680(-9.5%)
Key Takeaway
Homes in 74074 have sold for 9.5% less than they did a month ago.
Summary: The median home sold price in 74074 was $225,318 in October 2024, down 9.5% from last month, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $45K | N/A |
| 3 Bedrooms | $223.3K | $225.3K | +0.9% |
| 4 Bedrooms | $268K | $254.7K | -5.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 74074 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 74075 | $226.4K | $325K | +43.5% |
| 74074 | $248.9K | $225.3K | -9.5% |
Housing Supply in 74074, OK
How many homes are available in 74074, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 35 | -14.6% |
Summary: The 74074 real estate market had 35 homes for sale in October 2024, a 14.6% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 26 | 20 | -23.1% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 74074 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 remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 7 | -56.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74074, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 74074 in October 2024, down by 56.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for 74074, OK
How long does it take to sell a home in 74074, OK?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 18 Days | -57.2% |
Summary: Homes in 74074 had an average of 18 days on market in Oct 2024, down by 57.2% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74074 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 74074; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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