Is 74855, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74855 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 74855 was a Seller's Market.

Key Takeaway

74855 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74855, OK

How much do homes in 74855, OK cost?

Median Sold Price

$199,950

$196/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$21,025(-9.5%)

Key Takeaway

Homes in 74855 have sold for 9.5% less than they did a month ago.

Summary: The median home sold price in 74855 was $199,950 in November 2024, down 9.5% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$110K
N/A
2 --
N/A
3 $181.9K$289.9K
+59.3%
4 $390K-
N/A
5+ --
N/A

Summary: 74855 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 59.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74855, OK

How many homes are available in 74855, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1916-15.8%

Summary: The 74855 real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 107
-30.0%
4 54
-20.0%
5+ 01
+100.0%

Summary: The 74855 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74855, 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 74855 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 74855, OK

How long does it take to sell a home in 74855, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
94 Days49 Days-48.1%

Summary: Homes in 74855 had an average of 49 days on market in Nov 2024, down by 48.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74855 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 74855; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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