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 October 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

$285,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$33,000(-10.4%)

Key Takeaway

Homes in 74344 have sold for 10.4% less than they did a year ago.

Summary: The median home sold price in 74344 was $285,000 in October 2024, down 10.4% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $146K$178.5K
+22.3%
2 $291K$209.7K
-27.9%
3 $295K$270K
-8.5%
4 $347.5K$1.0M
+188.8%
5+ $855.5K$779K
-8.9%

Summary: 74344 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes decreased by 27.9%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 188.8%, and 5+ bedroom homes decreased by 8.9%.

Housing Supply in 74344, OK

How many homes are available in 74344, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3347+42.4%

Summary: The 74344 real estate market had 47 homes for sale in October 2024, a 42.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 1728
+64.7%
4 57
+40.0%
5+ 32
-33.3%

Summary: The 74344 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 increased by 25%, 3 bedroom homes increased by 64.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

4 Homes Were 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 74344, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 74344 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
29 Days26 Days-9.5%

Summary: Homes in 74344 had an average of 26 days on market in Oct 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 4 homes were sold in 74344; 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.

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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