Is 74437, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74437 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74437 was a Seller's Market.

Key Takeaway

74437 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74437, OK

How much do homes in 74437, OK cost?

Median Sold Price

$165,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+32.0%)

Key Takeaway

Homes in 74437 have sold for 32% more than they did a year ago.

Summary: The median home sold price in 74437 was $165,000 in November 2024, up 32% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $20.2K-
N/A
2 $79.5K$41.5K
-47.8%
3 $138.5K$165K
+19.1%
4 $133.5K$290K
+117.2%
5+ $175.2K$255K
+45.5%

Summary: 74437 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.8%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 117.2%, and 5+ bedroom homes increased by 45.5%.

Housing Supply in 74437, OK

How many homes are available in 74437, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3126-16.1%

Summary: The 74437 real estate market had 26 homes for sale in November 2024, a 16.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 1717
0.0%
4 84
-50.0%
5+ 11
0.0%

Summary: The 74437 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74437, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 74437 in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 74437, OK

How long does it take to sell a home in 74437, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
49 Days39 Days-20.0%

Summary: Homes in 74437 had an average of 39 days on market in Nov 2024, down by 20% compared to last year.

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 74437 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 74437; 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 22 Days Ago

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