Is 74451, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74451 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 74451 was a Seller's Market.

Key Takeaway

74451 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 74451, OK

How much do homes in 74451, OK cost?

Median Sold Price

$531,563

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$299,563(+129.1%)

Key Takeaway

Homes in 74451 have sold for 129.1% more than they did a month ago.

Summary: The median home sold price in 74451 was $531,563 in November 2024, up 129.1% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $133.5K-
N/A
2 $144.5K$130K
-10.0%
3 $274.9K-
N/A
4 -$575.7K
N/A
5+ --
N/A

Summary: 74451 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74451
+129.1%
74435
-72.5%

Housing Supply in 74451, OK

How many homes are available in 74451, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2820-28.6%

Summary: The 74451 real estate market had 20 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 95
-44.4%
3 107
-30.0%
4 66
0.0%
5+ 00
0.0%

Summary: The 74451 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

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 74451, 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 74451 in November 2024, down by 57.1% 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 74451, OK

How long does it take to sell a home in 74451, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days31 Days-57.4%

Summary: Homes in 74451 had an average of 31 days on market in Nov 2024, down by 57.4% compared to last month.

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 74451 has remained consistent over time.

Summary: During November 2024, 3 homes were sold in 74451; 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 21 Days Ago

Newest Listings in 74451, OK

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