Is 74120, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74120 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74120 has remained a Seller's Market.

Key Takeaway

74120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74120, OK

How much do homes in 74120, OK cost?

Median Sold Price

$385,500

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,500(+28.5%)

Key Takeaway

Homes in 74120 have sold for 28.5% more than they did a year ago.

Summary: The median home sold price in 74120 was $385,500 in November 2024, up 28.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $71K$285K
+301.4%
2 $300K$244.5K
-18.5%
3 $300.5K$400K
+33.1%
4 $357.5K$680K
+90.2%
5+ $330K$540K
+63.6%

Summary: 74120 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 301.4%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 33.1%, 4 bedroom homes increased by 90.2%, and 5+ bedroom homes increased by 63.6%.

Median Sold Price Compared To Nearby Zip Codes

74120
+28.5%
74106
+20.0%
74104
+7.6%
74119
-10.6%

Housing Supply in 74120, OK

How many homes are available in 74120, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The 74120 real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 56
+20.0%
3 88
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The 74120 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 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 74120, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 74120 in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 74120, OK

How long does it take to sell a home in 74120, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days36 Days+33.3%

Summary: Homes in 74120 had an average of 36 days on market in Nov 2024, up by 33.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 74120 has remained consistent over time.

Summary: During November 2024, 5 homes were sold in 74120; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 74120, OK

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