$7,124 Closing Credit*
$599,900
1,750 SqFt
2 Beds
•3 Full Baths
Jeanette Bohanan, Listing Office: Hochatown Real Estate LLC
Is 74728, 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, 74728 has remained a Buyer's Market.
Key Takeaway
74728 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74728, OK
How much do homes in 74728, OK cost?
Median Sold Price
$575,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$89,500(-13.5%)
Key Takeaway
Homes in 74728 have sold for 13.5% less than they did a year ago.
Summary: The median home sold price in 74728 was $575,000 in November 2024, down 13.5% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $545K | $429K | -21.3% |
| 2 Bedrooms | $662.2K | $563K | -15.0% |
| 3 Bedrooms | $690K | $464.5K | -32.7% |
| 4 Bedrooms | $875K | $810K | -7.4% |
| 5+ Bedrooms | $1.1M | $1.1M | -2.5% |
Summary: 74728 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.3%, 2 bedroom homes decreased by 15%, 3 bedroom homes decreased by 32.7%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in 74728, OK
How many homes are available in 74728, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 376 | 406 | +8.0% |
Summary: The 74728 real estate market had 406 homes for sale in November 2024, a 8.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 64 | 68 | +6.3% |
| 2 Bedrooms | 87 | 98 | +12.6% |
| 3 Bedrooms | 114 | 124 | +8.8% |
| 4 Bedrooms | 65 | 69 | +6.2% |
| 5+ Bedrooms | 46 | 47 | +2.2% |
Summary: The 74728 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 2.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74728, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 74728 in November 2024, up by 21.4% month-over-month. Of the 17 sold homes, 71% were sold under asking, 24% were sold at asking, and 6% were sold over asking.
Days on Market for 74728, OK
How long does it take to sell a home in 74728, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 131 Days | +45.1% |
Summary: Homes in 74728 had an average of 131 days on market in Nov 2024, up by 45.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 74728 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 17 homes were sold in 74728; 18% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
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