$16,000
0.53 Acres
Land
Jenn Hudson, Listing Office: Metro Brokers of Oklahoma
Is 74432, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 74432 was a Seller's Market.
Key Takeaway
74432 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74432, OK
How much do homes in 74432, OK cost?
Median Sold Price
$306,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+15.9%)
Key Takeaway
Homes in 74432 have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in 74432 was $306,000 in October 2024, up 15.9% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.5K | $79.9K | +27.8% |
| 2 Bedrooms | $162.5K | $193K | +18.8% |
| 3 Bedrooms | $282.5K | $277.5K | -1.8% |
| 4 Bedrooms | $475K | $787.1K | +65.7% |
| 5+ Bedrooms | $920K | $1.1M | +22.3% |
Summary: 74432 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 65.7%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Zip Codes
| 74432 | $264K | $306K | +15.9% |
| 74426 | $192.5K | $210K | +9.1% |
Housing Supply in 74432, OK
How many homes are available in 74432, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 134 | 146 | +9.0% |
Summary: The 74432 real estate market had 146 homes for sale in October 2024, a 9.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 64 | 68 | +6.3% |
| 4 Bedrooms | 29 | 36 | +24.1% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The 74432 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 10 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74432, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 74432 in October 2024, down by 33.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.
Days on Market for 74432, OK
How long does it take to sell a home in 74432, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 96 Days | +99.6% |
Summary: Homes in 74432 had an average of 96 days on market in Oct 2024, up by 99.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 74432 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 10 homes were sold in 74432; 40% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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