Is 74554, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74554 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 74554 has remained a Buyer's Market.

Key Takeaway

74554 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74554, OK

How much do homes in 74554, OK cost?

Median Sold Price

$157,000

$96/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$3,000(-1.9%)

Key Takeaway

Homes in 74554 have sold for 1.9% less than they did a month ago.

Summary: The median home sold price in 74554 was $157,000 in November 2024, down 1.9% from last month, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $160K$157K
-1.9%
4 --
N/A
5+ --
N/A

Summary: 74554 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 did not change, 3 bedroom homes decreased by 1.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74554, OK

How many homes are available in 74554, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The 74554 real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 74554 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 74554, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 74554 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 74554, OK

How long does it take to sell a home in 74554, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
43 Days101 Days+134.9%

Summary: Homes in 74554 had an average of 101 days on market in Nov 2024, up by 134.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 74554 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 74554; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

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