Is 74115, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74115 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74115 was a Seller's Market.

Key Takeaway

74115 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 74115, OK

How much do homes in 74115, OK cost?

Median Sold Price

$129,900

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,900(+3.9%)

Key Takeaway

Homes in 74115 have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in 74115 was $129,900 in November 2024, up 3.9% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $52K$192.5K
+270.2%
2 $105K$104K
-1.0%
3 $130K$136.5K
+5.0%
4 $158K$183K
+15.8%
5+ $186K$215K
+15.6%

Summary: 74115 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 270.2%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Zip Codes

74112
+7.2%
74115
+3.9%
74110
-17.6%

Housing Supply in 74115, OK

How many homes are available in 74115, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10097-3.0%

Summary: The 74115 real estate market had 97 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3529
-17.1%
3 4956
+14.3%
4 1511
-26.7%
5+ 00
0.0%

Summary: The 74115 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 17.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2016-20.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74115, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 74115 in November 2024, down by 20.0% month-over-month. Of the 16 sold homes, 81% were sold under asking, 6% were sold at asking, and 13% were sold over asking.

Days on Market for 74115, OK

How long does it take to sell a home in 74115, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days19 Days-32.1%

Summary: Homes in 74115 had an average of 19 days on market in Nov 2024, down by 32.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74115 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 74115; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% 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 21 Days Ago

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