$247,500
3.18 Acres
Land
Patrick M Fox, Listing Office: Fox and Associates
Is 74127, 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, 74127 has remained a Seller's Market.
Key Takeaway
74127 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74127, OK
How much do homes in 74127, OK cost?
Median Sold Price
$161,250
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,750(+19.9%)
Key Takeaway
Homes in 74127 have sold for 19.9% more than they did a year ago.
Summary: The median home sold price in 74127 was $161,250 in October 2024, up 19.9% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.5K | $158.7K | +388.3% |
| 2 Bedrooms | $99.9K | $110.5K | +10.6% |
| 3 Bedrooms | $151.5K | $160K | +5.6% |
| 4 Bedrooms | $233.5K | $284.5K | +21.8% |
| 5+ Bedrooms | $176K | $260K | +47.7% |
Summary: 74127 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 388.3%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 47.7%.
Housing Supply in 74127, OK
How many homes are available in 74127, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 78 | +8.3% |
Summary: The 74127 real estate market had 78 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 30 | 39 | +30.0% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 74127 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Asking Price vs. Sold Price
8 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 74127, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 74127 in October 2024, up by 7.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for 74127, OK
How long does it take to sell a home in 74127, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 29 Days | -1.9% |
Summary: Homes in 74127 had an average of 29 days on market in Oct 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
9 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 74127 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 74127; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
