Is 74080, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74080 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 74080 was a Buyer's Market.

Key Takeaway

74080 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74080, OK

How much do homes in 74080, OK cost?

Median Sold Price

$447,000

$195/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$803,000(-64.2%)

Key Takeaway

Homes in 74080 have sold for 64.2% less than they did a month ago.

Summary: The median home sold price in 74080 was $447,000 in November 2024, down 64.2% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.2M$447K
-64.2%
4 -$469.6K
N/A
5+ --
N/A

Summary: 74080 housing prices by bedroom type for November 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 decreased by 64.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74080, OK

How many homes are available in 74080, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The 74080 real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The 74080 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 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 74080, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 74080 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for 74080, OK

How long does it take to sell a home in 74080, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days53 Days+53.3%

Summary: Homes in 74080 had an average of 53 days on market in Nov 2024, up by 53.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74080 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 74080; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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