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 November 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

$163,966

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,666(+1.0%)

Key Takeaway

Homes in 74403 have sold for 1% more than they did a year ago.

Summary: The median home sold price in 74403 was $163,966 in November 2024, up 1% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99K$57.4K
-42.0%
2 $77.5K$86.2K
+11.3%
3 $165K$172K
+4.2%
4 $217.5K$245K
+12.6%
5+ $390K$315K
-19.2%

Summary: 74403 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 19.2%.

Median Sold Price Compared To Nearby Zip Codes

74401
+35.1%
74434
+8.1%
74403
+1.0%

Housing Supply in 74403, OK

How many homes are available in 74403, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
133128-3.8%

Summary: The 74403 real estate market had 128 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2022
+10.0%
3 8476
-9.5%
4 2426
+8.3%
5+ 43
-25.0%

Summary: The 74403 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2523-8.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 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. 60.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 74403 in November 2024, down by 8.0% month-over-month. Of the 23 sold homes, 61% were sold under asking, 4% were sold at asking, and 35% 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

Nov 2023Nov 2024CHANGE
35 Days53 Days+50.2%

Summary: Homes in 74403 had an average of 53 days on market in Nov 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 74403 has remained consistent over time.

Summary: During November 2024, 23 homes were sold in 74403; 35% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 22% 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

Newest Listings in 74403, OK

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