$297 Closing Credit*
$25,000
1,304 SqFt
3 Beds
•1 Full Bath
Tonja Weaver, Listing Office: Sweeney & Assoc of Holdenville
Is 74848, 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, 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 October 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 October 2024, down 1.3% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $88K | N/A |
| 2 Bedrooms | $55K | $85K | +54.5% |
| 3 Bedrooms | $102.5K | $133K | +29.8% |
| 4 Bedrooms | $260K | $232.5K | -10.6% |
| 5+ Bedrooms | $172.5K | $35K | -79.7% |
Summary: 74848 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 29.8%, 4 bedroom homes decreased by 10.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 31 | -3.1% |
Summary: The 74848 real estate market had 31 homes for sale in October 2024, a 3.1% decrease 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 | 10 | 9 | -10.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74848 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 decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74848, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 74848 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 80 Days | +290.2% |
Summary: Homes in 74848 had an average of 80 days on market in Oct 2024, up by 290.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 74848 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 74848; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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