$2,500,000
136.08 Acres
Land
Michael Buoy, Listing Office: Bonanza Real Estate Services
Is 74855, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 74855 was a Seller's Market.
Key Takeaway
74855 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 74855, OK
How much do homes in 74855, OK cost?
Median Sold Price
$181,950
$105/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$189,550(-51.0%)
Key Takeaway
Homes in 74855 have sold for 51% less than they did a month ago.
Summary: The median home sold price in 74855 was $181,950 in October 2024, down 51% from last month, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $375K | $181.9K | -51.5% |
| 4 Bedrooms | $368K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 74855 housing prices by bedroom type for October 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 decreased by 51.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 74869 | $12.5K | $478K | +3724.0% |
| 74855 | $371.5K | $181.9K | -51.0% |
Housing Supply in 74855, OK
How many homes are available in 74855, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The 74855 real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 3 | +100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74855 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 increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74855, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 74855 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 112 Days | +814.3% |
Summary: Homes in 74855 had an average of 112 days on market in Oct 2024, up by 814.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 74855 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in 74855; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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