Is 74105, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74105 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74105 has remained a Seller's Market.

Key Takeaway

74105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74105, OK

How much do homes in 74105, OK cost?

Median Sold Price

$325,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+8.3%)

Key Takeaway

Homes in 74105 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 74105 was $325,000 in November 2024, up 8.3% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123.7K$125K
+1.0%
2 $198.8K$231.5K
+16.4%
3 $250K$284K
+13.6%
4 $721.5K$740K
+2.6%
5+ $839.4K$995K
+18.5%

Summary: 74105 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

74105
+8.3%
74136
+7.3%
74114
+5.8%
74107
+1.8%
74135
-3.6%

Housing Supply in 74105, OK

How many homes are available in 74105, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
164163-0.6%

Summary: The 74105 real estate market had 163 homes for sale in November 2024, a 0.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 3332
-3.0%
3 7271
-1.4%
4 4038
-5.0%
5+ 1518
+20.0%

Summary: The 74105 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 decreased by 3%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3328-15.2%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74105, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 74105 in November 2024, down by 15.2% month-over-month. Of the 28 sold homes, 61% were sold under asking, 29% were sold at asking, and 11% were sold over asking.

Days on Market for 74105, OK

How long does it take to sell a home in 74105, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days46 Days+66.5%

Summary: Homes in 74105 had an average of 46 days on market in Nov 2024, up by 66.5% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74105 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in 74105; 61% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 25% 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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