Is 74403, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74403 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74403 has remained a Seller's Market.

Key Takeaway

74403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74403, OK

How much do homes in 74403, OK cost?

Median Sold Price

$165,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,533(+3.5%)

Key Takeaway

Homes in 74403 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 74403 was $165,000 in October 2024, up 3.5% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $99K$57.4K
-42.0%
2 $80K$88K
+10.0%
3 $162.9K$173K
+6.2%
4 $207.9K$261.9K
+25.9%
5+ $380K$422.5K
+11.2%

Summary: 74403 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Zip Codes

74401
+35.1%
74434
+8.5%
74403
+3.5%

Housing Supply in 74403, OK

How many homes are available in 74403, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
122127+4.1%

Summary: The 74403 real estate market had 127 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2221
-4.5%
3 7177
+8.5%
4 2424
0.0%
5+ 44
0.0%

Summary: The 74403 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 decreased by 4.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74403, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 74403 in October 2024, down by 8.3% month-over-month. Of the 22 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for 74403, OK

How long does it take to sell a home in 74403, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days31 Days-5.1%

Summary: Homes in 74403 had an average of 31 days on market in Oct 2024, down by 5.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74403 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 74403; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

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