Is 74804, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74804 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 74804 has remained a Seller's Market.

Key Takeaway

74804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74804, OK

How much do homes in 74804, OK cost?

Median Sold Price

$225,000

$138/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 74804 has remained the same since last year.

Summary: The median home sold price in 74804 was $225,000 in November 2024, the same as last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116.5K$134.5K
+15.5%
2 $119.5K$115K
-3.8%
3 $215K$215.6K
0.3%
4 $270K$265K
-1.9%
5+ $312K$425K
+36.2%

Summary: 74804 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 36.2%.

Median Sold Price Compared To Nearby Zip Codes

74801
+9.3%
74804
0.0%
74851
-2.0%

Housing Supply in 74804, OK

How many homes are available in 74804, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
150153+2.0%

Summary: The 74804 real estate market had 153 homes for sale in November 2024, a 2.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 107
-30.0%
3 8893
+5.7%
4 4748
+2.1%
5+ 44
0.0%

Summary: The 74804 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 30%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3332-3.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74804, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 32 homes were sold or pending in 74804 in November 2024, down by 3.0% month-over-month. Of the 32 sold homes, 44% were sold under asking, 50% were sold at asking, and 6% were sold over asking.

Days on Market for 74804, OK

How long does it take to sell a home in 74804, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days19 Days-44.9%

Summary: Homes in 74804 had an average of 19 days on market in Nov 2024, down by 44.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74804 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 32 homes were sold in 74804; 75% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% 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 74804, OK

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