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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74437 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74437 has remained a Seller's Market.

Key Takeaway

74437 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74437, OK

How much do homes in 74437, OK cost?

Median Sold Price

$152,125

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,125(+21.7%)

Key Takeaway

Homes in 74437 have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in 74437 was $152,125 in October 2024, up 21.7% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $20.2K-
N/A
2 $75K$39K
-48.0%
3 $139.2K$160K
+14.9%
4 $143.5K$180K
+25.4%
5+ $175.2K$255K
+45.5%

Summary: 74437 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 decreased by 48%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 25.4%, 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

Sep 2024Oct 2024CHANGE
3233+3.1%

Summary: The 74437 real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1818
0.0%
4 78
+14.3%
5+ 11
0.0%

Summary: The 74437 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 remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 74437 in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% 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

Oct 2023Oct 2024CHANGE
34 Days38 Days+10.9%

Summary: Homes in 74437 had an average of 38 days on market in Oct 2024, up by 10.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74437 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 74437; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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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