Is 74108, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74108 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74108 has remained a Seller's Market.

Key Takeaway

74108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74108, OK

How much do homes in 74108, OK cost?

Median Sold Price

$174,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,000(+20.0%)

Key Takeaway

Homes in 74108 have sold for 20% more than they did a year ago.

Summary: The median home sold price in 74108 was $174,000 in November 2024, up 20% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $116.9K$149.5K
+27.8%
3 $147K$173.5K
+18.0%
4 $149.7K$250K
+66.9%
5+ $399.9K-
N/A

Summary: 74108 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 27.8%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 66.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74108
+20.0%
74128
+7.3%
74014
+4.8%
74015
+2.9%

Housing Supply in 74108, OK

How many homes are available in 74108, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2325+8.7%

Summary: The 74108 real estate market had 25 homes for sale in November 2024, a 8.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1921
+10.5%
4 44
0.0%
5+ 00
0.0%

Summary: The 74108 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 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74108, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 74108 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 74108, OK

How long does it take to sell a home in 74108, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days23 Days-41.0%

Summary: Homes in 74108 had an average of 23 days on market in Nov 2024, down by 41% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74108 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 74108; 60% of homes were sold within 30 days, 40% 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 21 Days Ago

Newest Listings in 74108, OK

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