$5,926 Closing Credit*
$499,000
2,967 SqFt
5 Beds
•3 Full Baths, 1 Partial
Jessica Robberson, Danielle Gunn, Listing Office: RE/MAX Exclusive
Is 74851, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 74851 was a Seller's Market.
Key Takeaway
74851 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74851, OK
How much do homes in 74851, OK cost?
Median Sold Price
$240,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-2.0%)
Key Takeaway
Homes in 74851 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 74851 was $240,000 in November 2024, down 2% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $150K | +33.3% |
| 2 Bedrooms | $183K | $90K | -50.8% |
| 3 Bedrooms | $242.5K | $229K | -5.6% |
| 4 Bedrooms | $309.4K | $294.5K | -4.8% |
| 5+ Bedrooms | $366.5K | $330K | -10.0% |
Summary: 74851 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 50.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 74851, OK
How many homes are available in 74851, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The 74851 real estate market had 23 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 19 | 18 | -5.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 74851 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 increased by 50%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was 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 2 homes were sold or pending in 74851 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 18 Days | -32.9% |
Summary: Homes in 74851 had an average of 18 days on market in Nov 2024, down by 32.9% 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 74851 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 74851; 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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