$2,078 Closing Credit*
$175,000
1,016 SqFt
3 Beds
•1 Full Bath
Sabrina Adams, Listing Office: Arrived OKC
Is 74804, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$225,300
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,200(-0.5%)
Key Takeaway
Homes in 74804 have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in 74804 was $225,300 in October 2024, down 0.5% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $116.5K | $134.5K | +15.5% |
| 2 Bedrooms | $99K | $115K | +16.2% |
| 3 Bedrooms | $215K | $217K | +0.9% |
| 4 Bedrooms | $298K | $290K | -2.7% |
| 5+ Bedrooms | $312K | $333.6K | +6.9% |
Summary: 74804 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 74804, OK
How many homes are available in 74804, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 132 | 148 | +12.1% |
Summary: The 74804 real estate market had 148 homes for sale in October 2024, a 12.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 85 | 92 | +8.2% |
| 4 Bedrooms | 37 | 43 | +16.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 74804 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 32 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74804, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.
Summary: A total of 32 homes were sold or pending in 74804 in October 2024, up by 33.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 44% were sold at asking, and 16% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 41 Days | +29.7% |
Summary: Homes in 74804 had an average of 41 days on market in Oct 2024, up by 29.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74804 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in 74804; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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