$72,500
0.30 Acres
Land
Angela Jackson, Listing Office: Fite & Reynolds Real Estate
Is 74401, 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, 74401 was a Seller's Market.
Key Takeaway
74401 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 74401, OK
How much do homes in 74401, OK cost?
Median Sold Price
$135,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,100(+35.1%)
Key Takeaway
Homes in 74401 have sold for 35.1% more than they did a year ago.
Summary: The median home sold price in 74401 was $135,000 in October 2024, up 35.1% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.5K | $335K | +236.7% |
| 2 Bedrooms | $59.2K | $69.9K | +18.0% |
| 3 Bedrooms | $98.9K | $138K | +39.5% |
| 4 Bedrooms | $179.9K | $160K | -11.1% |
| 5+ Bedrooms | $294.7K | $292K | -0.9% |
Summary: 74401 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 236.7%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 39.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Zip Codes
| 74401 | $99.9K | $135K | +35.1% |
| 74403 | $159.4K | $165K | +3.5% |
Housing Supply in 74401, OK
How many homes are available in 74401, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 68 | -5.6% |
Summary: The 74401 real estate market had 68 homes for sale in October 2024, a 5.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 7 | 3 | -57.1% |
Summary: The 74401 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 57.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74401, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 74401 in October 2024, down by 35.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for 74401, OK
How long does it take to sell a home in 74401, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 62 Days | +51.3% |
Summary: Homes in 74401 had an average of 62 days on market in Oct 2024, up by 51.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74401 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 74401; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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