Is 74426, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74426 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74426 has remained a Seller's Market.

Key Takeaway

74426 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74426, OK

How much do homes in 74426, OK cost?

Median Sold Price

$210,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,500(+9.1%)

Key Takeaway

Homes in 74426 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 74426 was $210,000 in October 2024, up 9.1% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$185K
N/A
2 $129.9K$150K
+15.5%
3 $237K$230K
-3.0%
4 $320K$460K
+43.8%
5+ $420K$360K
-14.3%

Summary: 74426 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 43.8%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

74432
+15.9%
74426
+9.1%

Housing Supply in 74426, OK

How many homes are available in 74426, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4746-2.1%

Summary: The 74426 real estate market had 46 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 109
-10.0%
3 2929
0.0%
4 32
-33.3%
5+ 22
0.0%

Summary: The 74426 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74426, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 74426 in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for 74426, OK

How long does it take to sell a home in 74426, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days108 Days+86.6%

Summary: Homes in 74426 had an average of 108 days on market in Oct 2024, up by 86.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 74426 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 8 homes were sold in 74426; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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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