$2,138 Closing Credit*
$180,000
1,940 SqFt
3 Beds
•1 Full Bath
Terra Geralds, Listing Office: Platinum Realty, LLC.
Is 74462, 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, 74462 was a Seller's Market.
Key Takeaway
74462 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74462, OK
How much do homes in 74462, OK cost?
Median Sold Price
$171,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$27,750(-13.9%)
Key Takeaway
Homes in 74462 have sold for 13.9% less than they did a year ago.
Summary: The median home sold price in 74462 was $171,500 in October 2024, down 13.9% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.2K | $207K | +347.6% |
| 2 Bedrooms | $108K | $93K | -13.9% |
| 3 Bedrooms | $200K | $150K | -25.0% |
| 4 Bedrooms | $251.5K | $405K | +61.0% |
| 5+ Bedrooms | $585K | $875K | +49.6% |
Summary: 74462 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 347.6%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 61%, and 5+ bedroom homes increased by 49.6%.
Housing Supply in 74462, OK
How many homes are available in 74462, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 60 | +15.4% |
Summary: The 74462 real estate market had 60 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 28 | 29 | +3.6% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 74462 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74462, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 74462 in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for 74462, OK
How long does it take to sell a home in 74462, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 68 Days | +59.5% |
Summary: Homes in 74462 had an average of 68 days on market in Oct 2024, up by 59.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74462 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 74462; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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