$5,878 Closing Credit*
$495,000
1,730 SqFt
2 Beds
•2 Full Baths
Shawn Peters, Listing Office: Chinowth & Cohen
Is 74114, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 74114 was a Seller's Market.
Key Takeaway
74114 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 74114, OK
How much do homes in 74114, OK cost?
Median Sold Price
$285,875
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,525(+4.2%)
Key Takeaway
Homes in 74114 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 74114 was $285,875 in October 2024, up 4.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $116.4K | +17.7% |
| 2 Bedrooms | $228K | $237K | +3.9% |
| 3 Bedrooms | $240.2K | $248.7K | +3.5% |
| 4 Bedrooms | $862.7K | $875K | +1.4% |
| 5+ Bedrooms | $1.2M | $1.4M | +9.8% |
Summary: 74114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in 74114, OK
How many homes are available in 74114, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 135 | 141 | +4.4% |
Summary: The 74114 real estate market had 141 homes for sale in October 2024, a 4.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 21 | 17 | -19.0% |
| 3 Bedrooms | 83 | 86 | +3.6% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 74114 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Asking Price vs. Sold Price
16 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 74114, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 74114 in October 2024, down by 20.7% month-over-month. Of the 23 sold homes, 70% were sold under asking, 17% were sold at asking, and 13% were sold over asking.
Days on Market for 74114, OK
How long does it take to sell a home in 74114, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 29 Days | -16.3% |
Summary: Homes in 74114 had an average of 29 days on market in Oct 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74114 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 74114; 57% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
