$49,900
2.00 Acres
Land
Drew Ary, Listing Office: Keller Williams Advantage
Is 74427, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 74427 was a Seller's Market.
Key Takeaway
74427 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74427, OK
How much do homes in 74427, OK cost?
Median Sold Price
$298,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,500(+14.8%)
Key Takeaway
Homes in 74427 have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in 74427 was $298,500 in November 2024, up 14.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159K | $150K | -5.7% |
| 2 Bedrooms | $134.5K | $195K | +45.0% |
| 3 Bedrooms | $284.9K | $315K | +10.5% |
| 4 Bedrooms | $345K | $432K | +25.2% |
| 5+ Bedrooms | $600K | $450K | -25.0% |
Summary: 74427 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 45%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes decreased by 25%.
Median Sold Price Compared To Nearby Zip Codes
| 74427 | $260K | $298.5K | +14.8% |
| 74962 | $189K | $216.5K | +14.6% |
Housing Supply in 74427, OK
How many homes are available in 74427, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The 74427 real estate market had 17 homes for sale in November 2024, a 21.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 74427 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 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74427, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 74427 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 100 Days | 127 Days | +26.2% |
Summary: Homes in 74427 had an average of 127 days on market in Nov 2024, up by 26.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 74427 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in 74427; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
