Is 74857, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74857 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 74857 has remained a Seller's Market.

Key Takeaway

74857 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74857, OK

How much do homes in 74857, OK cost?

Median Sold Price

$290,750

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,750(+16.3%)

Key Takeaway

Homes in 74857 have sold for 16.3% more than they did a year ago.

Summary: The median home sold price in 74857 was $290,750 in October 2024, up 16.3% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$148.8K
-0.8%
2 $110K$226.6K
+106.0%
3 $209K$276.9K
+32.5%
4 $358K$383.5K
+7.1%
5+ $450K$370K
-17.8%

Summary: 74857 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 106%, 3 bedroom homes increased by 32.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 17.8%.

Median Sold Price Compared To Nearby Zip Codes

74857
+16.3%
73020
+6.7%
74851
+2.5%
73026
+1.8%
73165
-3.8%

Housing Supply in 74857, OK

How many homes are available in 74857, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3136+16.1%

Summary: The 74857 real estate market had 36 homes for sale in October 2024, a 16.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2626
0.0%
4 59
+80.0%
5+ 01
+100.0%

Summary: The 74857 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 remained the same, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74857, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 74857 in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for 74857, OK

How long does it take to sell a home in 74857, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days25 Days-42.5%

Summary: Homes in 74857 had an average of 25 days on market in Oct 2024, down by 42.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74857 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 74857; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in 74857, OK

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