Is 74429, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74429 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74429 has remained a Seller's Market.

Key Takeaway

74429 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74429, OK

How much do homes in 74429, OK cost?

Median Sold Price

$271,666

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,666(+7.4%)

Key Takeaway

Homes in 74429 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 74429 was $271,666 in October 2024, up 7.4% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$180K
N/A
2 $128.7K$149.9K
+16.5%
3 $235K$245K
+4.3%
4 $324.9K$345K
+6.2%
5+ $410.9K$625K
+52.1%

Summary: 74429 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 16.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 52.1%.

Median Sold Price Compared To Nearby Zip Codes

74429
+7.4%
74014
+4.0%

Housing Supply in 74429, OK

How many homes are available in 74429, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98980.0%

Summary: The 74429 real estate market had 98 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 7068
-2.9%
4 2123
+9.5%
5+ 54
-20.0%

Summary: The 74429 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 increased by 50%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74429, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 74429 in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.

Days on Market for 74429, OK

How long does it take to sell a home in 74429, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days31 Days-23.9%

Summary: Homes in 74429 had an average of 31 days on market in Oct 2024, down by 23.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74429 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 74429; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

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