Is 74344, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74344 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74344 was a Seller's Market.

Key Takeaway

74344 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74344, OK

How much do homes in 74344, OK cost?

Median Sold Price

$280,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$37,500(-11.8%)

Key Takeaway

Homes in 74344 have sold for 11.8% less than they did a year ago.

Summary: The median home sold price in 74344 was $280,000 in November 2024, down 11.8% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $146K$178.5K
+22.3%
2 $244.7K$180K
-26.5%
3 $305K$269.5K
-11.6%
4 $347.5K$1.0M
+188.8%
5+ $855.5K$563K
-34.2%

Summary: 74344 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes decreased by 26.5%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 188.8%, and 5+ bedroom homes decreased by 34.2%.

Housing Supply in 74344, OK

How many homes are available in 74344, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4452+18.2%

Summary: The 74344 real estate market had 52 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1011
+10.0%
3 2526
+4.0%
4 710
+42.9%
5+ 23
+50.0%

Summary: The 74344 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74344, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 74344 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 74344, OK

How long does it take to sell a home in 74344, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days81 Days+142.8%

Summary: Homes in 74344 had an average of 81 days on market in Nov 2024, up by 142.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74344 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 74344; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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