$139,900
10.03 Acres
Land
Miranda Foster, Listing Office: C21/First Choice Realty
Is 74462, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 74462 has remained a Buyer'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
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since November 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 November 2024, down 13.9% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | $207K | +185.5% |
| 2 Bedrooms | $106K | $120K | +13.2% |
| 3 Bedrooms | $200K | $150K | -25.0% |
| 4 Bedrooms | $200K | $465K | +132.5% |
| 5+ Bedrooms | $585K | $575K | -1.7% |
Summary: 74462 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 185.5%, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 132.5%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 74462, OK
How many homes are available in 74462, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 64 | +6.7% |
Summary: The 74462 real estate market had 64 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 28 | 34 | +21.4% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 74462 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 11.1%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was 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. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 74462 in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 81 Days | 28 Days | -64.7% |
Summary: Homes in 74462 had an average of 28 days on market in Nov 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74462 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 74462; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 