$154 Closing Credit*
$13,000
1,059 SqFt
3 Beds
•1 Full Bath
Nancy Sherry, Listing Office: Jack Sherry Real Estate
Is 74848, 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, 74848 has remained a Buyer's Market.
Key Takeaway
74848 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74848, OK
How much do homes in 74848, OK cost?
Median Sold Price
$128,000
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,750(-1.3%)
Key Takeaway
Homes in 74848 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 74848 was $128,000 in November 2024, down 1.3% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $88K | N/A |
| 2 Bedrooms | $60K | $71.2K | +18.8% |
| 3 Bedrooms | $102.5K | $130.5K | +27.3% |
| 4 Bedrooms | $175K | $232.5K | +32.9% |
| 5+ Bedrooms | $172.5K | $35K | -79.7% |
Summary: 74848 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 increased by 18.8%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes decreased by 79.7%.
Housing Supply in 74848, OK
How many homes are available in 74848, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Summary: The 74848 real estate market had 23 homes for sale in November 2024, a 17.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74848 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 25%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74848, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 74848 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 74848, OK
How long does it take to sell a home in 74848, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 36 Days | -14.3% |
Summary: Homes in 74848 had an average of 36 days on market in Nov 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74848 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 74848; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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