$1,959 Closing Credit*
$165,000
1,292 SqFt
3 Beds
•1 Full Bath
Marisa Clark, Listing Office: ERA C. S. Raper & Son
Is 74107, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 74107 has remained a Seller's Market.
Key Takeaway
74107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74107, OK
How much do homes in 74107, OK cost?
Median Sold Price
$170,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+8.3%)
Key Takeaway
Homes in 74107 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 74107 was $170,000 in October 2024, up 8.3% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $89K | -65.1% |
| 2 Bedrooms | $112K | $125K | +11.6% |
| 3 Bedrooms | $160K | $179K | +11.9% |
| 4 Bedrooms | $223K | $253.5K | +13.7% |
| 5+ Bedrooms | $525K | $214.5K | -59.1% |
Summary: 74107 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.1%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 59.1%.
Housing Supply in 74107, OK
How many homes are available in 74107, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 93 | -3.1% |
Summary: The 74107 real estate market had 93 homes for sale in October 2024, a 3.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 60 | 60 | 0.0% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 74107 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 remained the same, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74107, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 74107 in October 2024, down by 20.0% month-over-month. Of the 20 sold homes, 45% were sold under asking, 15% were sold at asking, and 40% were sold over asking.
Days on Market for 74107, OK
How long does it take to sell a home in 74107, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 22 Days | -9.0% |
Summary: Homes in 74107 had an average of 22 days on market in Oct 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74107 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 74107; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2024 Greater Tyler Association of REALTORS® All rights reserved.