Is 74301, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74301 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 74301 was a Seller's Market.

Key Takeaway

74301 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74301, OK

How much do homes in 74301, OK cost?

Median Sold Price

$159,706

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,494(-3.9%)

Key Takeaway

Homes in 74301 have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in 74301 was $159,706 in October 2024, down 3.9% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$106K
N/A
2 $67.5K$97K
+43.7%
3 $165K$185K
+12.1%
4 $240K$192K
-20.0%
5+ $491.5K$162.4K
-67.0%

Summary: 74301 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 67%.

Median Sold Price Compared To Nearby Zip Codes

74301
-3.9%
74331
-7.9%

Housing Supply in 74301, OK

How many homes are available in 74301, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
36360.0%

Summary: The 74301 real estate market had 36 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2322
-4.3%
4 23
+50.0%
5+ 44
0.0%

Summary: The 74301 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74301, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 74301 in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 74301, OK

How long does it take to sell a home in 74301, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days50 Days+555.4%

Summary: Homes in 74301 had an average of 50 days on market in Oct 2024, up by 555.4% compared to last year.

Breakdown of Home Sale Times

2 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 74301 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 74301; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 74301, OK

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