$1,953 Closing Credit*
$164,500
907 SqFt
2 Beds
•1 Full Bath
Carri Ray, Listing Office: Trinity Properties
Is 74112, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$193,025
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,025(+7.2%)
Key Takeaway
Homes in 74112 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 74112 was $193,025 in November 2024, up 7.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $163K | +30.4% |
| 2 Bedrooms | $169.8K | $185K | +8.9% |
| 3 Bedrooms | $180K | $200K | +11.1% |
| 4 Bedrooms | $230K | $234K | +1.7% |
| 5+ Bedrooms | $260K | $160K | -38.5% |
Summary: 74112 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 1.7%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 106 | 104 | -1.9% |
Summary: The 74112 real estate market had 104 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 31 | 30 | -3.2% |
| 3 Bedrooms | 64 | 60 | -6.3% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 74112 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 3.2%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74112, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 74112 in November 2024, down by 20.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 42 Days | +65.5% |
Summary: Homes in 74112 had an average of 42 days on market in Nov 2024, up by 65.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 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 November 2024, 20 homes were sold in 74112; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
