Is 74110, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74110 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74110 was a Seller's Market.

Key Takeaway

74110 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74110, OK

How much do homes in 74110, OK cost?

Median Sold Price

$91,450

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$19,550(-17.6%)

Key Takeaway

Homes in 74110 have sold for 17.6% less than they did a year ago.

Summary: The median home sold price in 74110 was $91,450 in November 2024, down 17.6% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$78.2K
N/A
2 $94.3K$70K
-25.8%
3 $130K$128.5K
-1.2%
4 $134.2K$215K
+60.2%
5+ $115K-
N/A

Summary: 74110 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 decreased by 25.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 60.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74106
+20.0%
74104
+7.6%
74115
+3.9%
74110
-17.6%

Housing Supply in 74110, OK

How many homes are available in 74110, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5251-1.9%

Summary: The 74110 real estate market had 51 homes for sale in November 2024, a 1.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1814
-22.2%
3 2226
+18.2%
4 98
-11.1%
5+ 11
0.0%

Summary: The 74110 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 22.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74110, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 74110 in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 74110, OK

How long does it take to sell a home in 74110, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days27 Days-7.3%

Summary: Homes in 74110 had an average of 27 days on market in Nov 2024, down by 7.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74110 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in 74110; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% 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 74110, OK

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