$645,000
26.00 Acres
Land
Leanne Heck, Listing Office: Musgrave Real Estate , INC
Is 74342, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 74342 was a Seller's Market.
Key Takeaway
74342 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74342, OK
How much do homes in 74342, OK cost?
Median Sold Price
$385,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$115,000(+42.6%)
Key Takeaway
Homes in 74342 have sold for 42.6% more than they did a year ago.
Summary: The median home sold price in 74342 was $385,000 in November 2024, up 42.6% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193K | $210K | +8.8% |
| 2 Bedrooms | $245K | $500K | +104.1% |
| 3 Bedrooms | $204.7K | $402.5K | +96.6% |
| 4 Bedrooms | $392.2K | $475K | +21.1% |
| 5+ Bedrooms | $1.1M | $425K | -63.2% |
Summary: 74342 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 104.1%, 3 bedroom homes increased by 96.6%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 63.2%.
Housing Supply in 74342, OK
How many homes are available in 74342, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The 74342 real estate market had 17 homes for sale in November 2024, a 41.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 74342 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 66.7%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74342, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 74342 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 74342, OK
How long does it take to sell a home in 74342, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 18 Days | +58.8% |
Summary: Homes in 74342 had an average of 18 days on market in Nov 2024, up by 58.8% compared to last year.
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
Key Takeaway
Many homes in 74342 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 74342; 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.
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