$1,899 Closing Credit*
$159,900
1,470 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kristy Balch, Listing Office: Leader Group Realty, LLC
Is 74501, 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, 74501 has remained a Neutral Market.
Key Takeaway
74501 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 74501, OK
How much do homes in 74501, OK cost?
Median Sold Price
$163,133
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,533(+2.2%)
Key Takeaway
Homes in 74501 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 74501 was $163,133 in November 2024, up 2.2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $24.5K | $195K | +695.9% |
| 2 Bedrooms | $77.5K | $92.5K | +19.4% |
| 3 Bedrooms | $160K | $168K | +5.0% |
| 4 Bedrooms | $257.5K | $266.2K | +3.4% |
| 5+ Bedrooms | $351K | $615K | +75.2% |
Summary: 74501 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 695.9%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 75.2%.
Housing Supply in 74501, OK
How many homes are available in 74501, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 151 | 136 | -9.9% |
Summary: The 74501 real estate market had 136 homes for sale in November 2024, a 9.9% decrease 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 | 25 | 24 | -4.0% |
| 3 Bedrooms | 91 | 79 | -13.2% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 74501 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 4%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 20 | -41.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74501, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 74501 in November 2024, down by 41.2% month-over-month. Of the 20 sold homes, 70% were sold under asking, 25% were sold at asking, and 5% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 61 Days | +147.4% |
Summary: Homes in 74501 had an average of 61 days on market in Nov 2024, up by 147.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 74501 has remained consistent over time.
Summary: During November 2024, 20 homes were sold in 74501; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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