Is 74338, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74338 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 74338 has remained a Buyer's Market.

Key Takeaway

74338 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74338, OK

How much do homes in 74338, OK cost?

Median Sold Price

$285,000

$127/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$225,000(-44.1%)

Key Takeaway

Homes in 74338 have sold for 44.1% less than they did a month ago.

Summary: The median home sold price in 74338 was $285,000 in November 2024, down 44.1% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$285K
N/A
4 --
N/A
5+ $510K-
N/A

Summary: 74338 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74347
-7.2%
74338
-44.1%

Housing Supply in 74338, OK

How many homes are available in 74338, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The 74338 real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 89
+12.5%
4 55
0.0%
5+ 10
-100.0%

Summary: The 74338 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74338, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 74338 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 74338, OK

How long does it take to sell a home in 74338, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
243 Days4 Days-98.4%

Summary: Homes in 74338 had an average of 4 days on market in Nov 2024, down by 98.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74338 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 74338; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in 74338, OK

Nearby Markets to 74338, OK