Is 74859, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74859 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 74859 was a Buyer's Market.

Key Takeaway

74859 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 74859, OK

How much do homes in 74859, OK cost?

Median Sold Price

$140,000

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+21.7%)

Key Takeaway

Homes in 74859 have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in 74859 was $140,000 in October 2024, up 21.7% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $107.5K$97.4K
-9.3%
3 $105K$92.5K
-11.9%
4 $180K$170K
-5.6%
5+ -$150K
N/A

Summary: 74859 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.

Housing Supply in 74859, OK

How many homes are available in 74859, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
37370.0%

Summary: The 74859 real estate market had 37 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 1920
+5.3%
4 53
-40.0%
5+ 11
0.0%

Summary: The 74859 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 9.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

5 Homes Were 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 74859, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 74859 in October 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 74859, OK

How long does it take to sell a home in 74859, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days23 Days-58.6%

Summary: Homes in 74859 had an average of 23 days on market in Oct 2024, down by 58.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74859 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 74859; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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