Is 74578, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74578 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 74578 has remained a Buyer's Market.

Key Takeaway

74578 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74578, OK

How much do homes in 74578, OK cost?

Median Sold Price

$115,750

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$24,250(-17.3%)

Key Takeaway

Homes in 74578 have sold for 17.3% less than they did a year ago.

Summary: The median home sold price in 74578 was $115,750 in November 2024, down 17.3% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $135.5K$57.3K
-57.7%
3 $140K$115.7K
-17.3%
4 $296.8K$195K
-34.3%
5+ -$58K
N/A

Summary: 74578 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.7%, 3 bedroom homes decreased by 17.3%, 4 bedroom homes decreased by 34.3%, and 5+ bedroom homes did not change.

Housing Supply in 74578, OK

How many homes are available in 74578, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1013+30.0%

Summary: The 74578 real estate market had 13 homes for sale in November 2024, a 30.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 54
-20.0%
4 47
+75.0%
5+ 00
0.0%

Summary: The 74578 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

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 74578, 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 74578 in November 2024, up by 100.0% month-over-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 74578, OK

How long does it take to sell a home in 74578, OK?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74578 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 74578; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in 74578, OK

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