$2,138 Closing Credit*
$180,000
1,248 SqFt
3 Beds
•2 Full Baths
Joshua Franklin, Listing Office: Spirit Realty Group, LLC
Is 74501, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 74501 has remained a Seller's Market.
Key Takeaway
74501 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74501, OK
How much do homes in 74501, OK cost?
Median Sold Price
$165,583
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,583(+4.1%)
Key Takeaway
Homes in 74501 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 74501 was $165,583 in October 2024, up 4.1% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.5K | - | N/A |
| 2 Bedrooms | $80K | $92.5K | +15.6% |
| 3 Bedrooms | $160K | $168K | +5.0% |
| 4 Bedrooms | $280K | $272.5K | -2.7% |
| 5+ Bedrooms | $351K | $570K | +62.4% |
Summary: 74501 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 increased by 15.6%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 62.4%.
Housing Supply in 74501, OK
How many homes are available in 74501, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 155 | 156 | +0.6% |
Summary: The 74501 real estate market had 156 homes for sale in October 2024, a 0.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 102 | 97 | -4.9% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 74501 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 30 | +50.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74501, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 74501 in October 2024, up by 50.0% month-over-month. Of the 30 sold homes, 73% were sold under asking, 17% were sold at asking, and 10% were sold over asking.
Days on Market for 74501, OK
How long does it take to sell a home in 74501, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 63 Days | +127.0% |
Summary: Homes in 74501 had an average of 63 days on market in Oct 2024, up by 127% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74501 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in 74501; 37% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 30% 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. 