$4,750 Closing Credit*
$400,000
3,019 SqFt
4 Beds
•3 Full Baths
Jan Jones, Listing Office: Lakeland Real Estate NEOK
Is 74342, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 74342 was a Neutral 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 October 2023
+$157,750(+69.4%)
Key Takeaway
Homes in 74342 have sold for 69.4% more than they did a year ago.
Summary: The median home sold price in 74342 was $385,000 in October 2024, up 69.4% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $210K | +10.5% |
| 2 Bedrooms | $220K | $270K | +22.7% |
| 3 Bedrooms | $234.5K | $402.5K | +71.6% |
| 4 Bedrooms | $325K | $512.5K | +57.7% |
| 5+ Bedrooms | - | $790.3K | N/A |
Summary: 74342 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 71.6%, 4 bedroom homes increased by 57.7%, and 5+ bedroom homes did not change.
Housing Supply in 74342, OK
How many homes are available in 74342, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The 74342 real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 74342 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74342, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 74342 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 125 Days | 41 Days | -66.8% |
Summary: Homes in 74342 had an average of 41 days on market in Oct 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 October 2024, 2 homes were sold in 74342; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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