$99,000
10.00 Acres
Land
Brandon Coon, Listing Office: McKinnon Realty LLC
Is 74851, 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, 74851 has remained a Seller's Market.
Key Takeaway
74851 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74851, OK
How much do homes in 74851, OK cost?
Median Sold Price
$241,250
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,825(+2.5%)
Key Takeaway
Homes in 74851 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 74851 was $241,250 in October 2024, up 2.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $150K | +33.3% |
| 2 Bedrooms | $185K | $120K | -35.1% |
| 3 Bedrooms | $232.7K | $233.5K | 0.3% |
| 4 Bedrooms | $289.2K | $292K | +1.0% |
| 5+ Bedrooms | $420K | $330K | -21.4% |
Summary: 74851 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 35.1%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 21.4%.
Housing Supply in 74851, OK
How many homes are available in 74851, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The 74851 real estate market had 28 homes for sale in October 2024, a 7.7% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 74851 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74851, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 74851 in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 74851, OK
How long does it take to sell a home in 74851, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 34 Days | +169.5% |
Summary: Homes in 74851 had an average of 34 days on market in Oct 2024, up by 169.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74851 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 74851; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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