$1,186 Closing Credit*
$99,900
900 SqFt
2 Beds
•1 Full Bath
Junior Vargas, Listing Office: Gray Real Estate Elite, Inc.
Is 74820, 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, 74820 has remained a Seller's Market.
Key Takeaway
74820 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74820, OK
How much do homes in 74820, OK cost?
Median Sold Price
$194,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,960(+7.1%)
Key Takeaway
Homes in 74820 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 74820 was $194,500 in October 2024, up 7.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.7K | $22.4K | -75.0% |
| 2 Bedrooms | $89.9K | $103K | +14.5% |
| 3 Bedrooms | $185.5K | $213.2K | +14.9% |
| 4 Bedrooms | $249K | $313.3K | +25.8% |
| 5+ Bedrooms | $748.7K | $237.5K | -68.3% |
Summary: 74820 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes decreased by 68.3%.
Housing Supply in 74820, OK
How many homes are available in 74820, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 158 | 173 | +9.5% |
Summary: The 74820 real estate market had 173 homes for sale in October 2024, a 9.5% 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 | 20 | 22 | +10.0% |
| 3 Bedrooms | 99 | 107 | +8.1% |
| 4 Bedrooms | 31 | 35 | +12.9% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 74820 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 10%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74820, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 74820 in October 2024, up by 10.0% month-over-month. Of the 33 sold homes, 58% were sold under asking, 30% were sold at asking, and 12% were sold over asking.
Days on Market for 74820, OK
How long does it take to sell a home in 74820, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 38 Days | -10.7% |
Summary: Homes in 74820 had an average of 38 days on market in Oct 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74820 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in 74820; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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