Is 74427, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74427 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 74427 was a Buyer's Market.

Key Takeaway

74427 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74427, OK

How much do homes in 74427, OK cost?

Median Sold Price

$315,000

$181/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$90,000(+40.0%)

Key Takeaway

Homes in 74427 have sold for 40% more than they did a month ago.

Summary: The median home sold price in 74427 was $315,000 in October 2024, up 40% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $130K-
N/A
3 $320K$310K
-3.1%
4 --
N/A
5+ -$450K
N/A

Summary: 74427 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74427, OK

How many homes are available in 74427, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1817-5.6%

Summary: The 74427 real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 87
-12.5%
4 22
0.0%
5+ 22
0.0%

Summary: The 74427 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was 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 74427, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 74427 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 74427, OK

How long does it take to sell a home in 74427, OK?

Average Sale Time

Sep 2024Oct 2024CHANGE
11 Days34 Days+198.6%

Summary: Homes in 74427 had an average of 34 days on market in Oct 2024, up by 198.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 74427 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 74427; 33% of homes were sold within 30 days, 67% 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 17 Days Ago

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