Is 74104, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74104 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74104 was a Neutral Market.

Key Takeaway

74104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74104, OK

How much do homes in 74104, OK cost?

Median Sold Price

$285,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,079(+7.6%)

Key Takeaway

Homes in 74104 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 74104 was $285,000 in November 2024, up 7.6% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $80K$365K
+356.3%
2 $235K$230K
-2.1%
3 $276.5K$312.5K
+13.0%
4 $326K$358.9K
+10.1%
5+ -$305K
N/A

Summary: 74104 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 356.3%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74120
+28.5%
74104
+7.6%
74112
+7.2%
74114
+5.8%
74110
-17.6%

Housing Supply in 74104, OK

How many homes are available in 74104, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7673-3.9%

Summary: The 74104 real estate market had 73 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 2124
+14.3%
3 3834
-10.5%
4 1412
-14.3%
5+ 23
+50.0%

Summary: The 74104 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16160.0%

Asking Price vs. Sold Price

15 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 74104, you may be able to get a good deal. 93.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 74104 in November 2024, the same as the previous month. Of the 16 sold homes, 94% were sold under asking, 0% were sold at asking, and 6% were sold over asking.

Days on Market for 74104, OK

How long does it take to sell a home in 74104, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days39 Days+9.7%

Summary: Homes in 74104 had an average of 39 days on market in Nov 2024, up by 9.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 74104 has remained consistent over time.

Summary: During November 2024, 16 homes were sold in 74104; 38% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 6% 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 74104, OK

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