Is 74137, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74137 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74137 has remained a Seller's Market.

Key Takeaway

74137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74137, OK

How much do homes in 74137, OK cost?

Median Sold Price

$404,000

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,750(+7.1%)

Key Takeaway

Homes in 74137 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 74137 was $404,000 in October 2024, up 7.1% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $118K$125.5K
+6.4%
2 $163.5K$174.5K
+6.7%
3 $249.9K$250K
0.0%
4 $460K$479.9K
+4.3%
5+ $637.5K$717K
+12.5%

Summary: 74137 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

74137
+7.1%
74136
+7.0%
74133
+6.4%
74008
-0.9%
74037
-3.7%

Housing Supply in 74137, OK

How many homes are available in 74137, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
167171+2.4%

Summary: The 74137 real estate market had 171 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 109
-10.0%
3 3240
+25.0%
4 8782
-5.7%
5+ 3233
+3.1%

Summary: The 74137 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 3.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3133+6.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74137, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 74137 in October 2024, up by 6.5% month-over-month. Of the 33 sold homes, 52% were sold under asking, 39% were sold at asking, and 9% were sold over asking.

Days on Market for 74137, OK

How long does it take to sell a home in 74137, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days39 Days+13.8%

Summary: Homes in 74137 had an average of 39 days on market in Oct 2024, up by 13.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74137 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in 74137; 52% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in 74137, OK

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