$1,366 Closing Credit*
$115,000
1,222 SqFt
2 Beds
•1 Full Bath, 1 Partial
Sheryl A VonLanken, Listing Office: Platinum Realty, LLC.
Is 74112, 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, 74112 has remained a Seller's Market.
Key Takeaway
74112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74112, OK
How much do homes in 74112, OK cost?
Median Sold Price
$192,825
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,102(+9.7%)
Key Takeaway
Homes in 74112 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 74112 was $192,825 in October 2024, up 9.7% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $178K | +42.4% |
| 2 Bedrooms | $168K | $184K | +9.5% |
| 3 Bedrooms | $180K | $199K | +10.6% |
| 4 Bedrooms | $225K | $240.7K | +7.0% |
| 5+ Bedrooms | $260K | $160K | -38.5% |
Summary: 74112 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.4%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 38.5%.
Housing Supply in 74112, OK
How many homes are available in 74112, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 113 | +11.9% |
Summary: The 74112 real estate market had 113 homes for sale in October 2024, a 11.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 31 | 33 | +6.5% |
| 3 Bedrooms | 59 | 69 | +16.9% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74112 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 6.5%, 3 bedroom homes increased by 16.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74112, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 74112 in October 2024, up by 9.1% month-over-month. Of the 24 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for 74112, OK
How long does it take to sell a home in 74112, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 24 Days | +120.2% |
Summary: Homes in 74112 had an average of 24 days on market in Oct 2024, up by 120.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74112 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in 74112; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
