Is 74079, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74079 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74079 was a Neutral Market.

Key Takeaway

74079 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74079, OK

How much do homes in 74079, OK cost?

Median Sold Price

$146,400

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,400(+12.6%)

Key Takeaway

Homes in 74079 have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in 74079 was $146,400 in November 2024, up 12.6% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K-
N/A
2 $67.5K$130K
+92.6%
3 $135.2K$132K
-2.4%
4 $300K$189.9K
-36.7%
5+ -$225.5K
N/A

Summary: 74079 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 increased by 92.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 36.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74079
+12.6%
74834
+8.3%

Housing Supply in 74079, OK

How many homes are available in 74079, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The 74079 real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 31
-66.7%
3 1920
+5.3%
4 43
-25.0%
5+ 13
+200.0%

Summary: The 74079 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 decreased by 66.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74079, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 74079 in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 74079, OK

How long does it take to sell a home in 74079, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days7 Days-55.3%

Summary: Homes in 74079 had an average of 7 days on market in Nov 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74079 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 74079; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 74079, OK

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