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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74110 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74110 has remained a Seller's Market.

Key Takeaway

74110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74110, OK

How much do homes in 74110, OK cost?

Median Sold Price

$94,375

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,625(-15.0%)

Key Takeaway

Homes in 74110 have sold for 15% less than they did a year ago.

Summary: The median home sold price in 74110 was $94,375 in October 2024, down 15% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$78.2K
N/A
2 $93K$72.5K
-22.0%
3 $130K$134.5K
+3.5%
4 $126.7K$155K
+22.3%
5+ $151K-
N/A

Summary: 74110 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74104
+9.6%
74115
+5.7%
74106
-0.9%
74110
-15.0%

Housing Supply in 74110, OK

How many homes are available in 74110, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4356+30.2%

Summary: The 74110 real estate market had 56 homes for sale in October 2024, a 30.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1519
+26.7%
3 1825
+38.9%
4 911
+22.2%
5+ 00
0.0%

Summary: The 74110 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 increased by 26.7%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 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, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 74110 in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
37 Days26 Days-30.1%

Summary: Homes in 74110 had an average of 26 days on market in Oct 2024, down by 30.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 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 October 2024, 11 homes were sold in 74110; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% 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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