Is 74425, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74425 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74425 has remained a Seller's Market.

Key Takeaway

74425 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74425, OK

How much do homes in 74425, OK cost?

Median Sold Price

$218,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,550(+16.3%)

Key Takeaway

Homes in 74425 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 74425 was $218,000 in November 2024, up 16.3% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$42.5K
N/A
2 $183K$107.5K
-41.3%
3 $189.9K$249K
+31.1%
4 $245K-
N/A
5+ --
N/A

Summary: 74425 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.3%, 3 bedroom homes increased by 31.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74432
+18.5%
74425
+16.3%
74501
+2.2%

Housing Supply in 74425, OK

How many homes are available in 74425, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The 74425 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 55
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 74425 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 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 74425, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 74425 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 74425, OK

How long does it take to sell a home in 74425, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days16 Days-59.8%

Summary: Homes in 74425 had an average of 16 days on market in Nov 2024, down by 59.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74425 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 74425; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

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