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 4 Days Ago

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