Is 74864, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74864 is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, 74864 has remained a Buyer's Market.

Key Takeaway

74864 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74864, OK

How much do homes in 74864, OK cost?

Median Sold Price

$180,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$13,500(-7.0%)

Key Takeaway

Homes in 74864 have sold for 7% less than they did a year ago.

Summary: The median home sold price in 74864 was $180,000 in December 2024, down 7% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $73K$127.5K
+74.7%
3 $235K$264.9K
+12.7%
4 $263.5K$172.8K
-34.4%
5+ -$487.5K
N/A

Summary: 74864 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 74.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes did not change.

Housing Supply in 74864, OK

How many homes are available in 74864, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2422-8.3%

Summary: The 74864 real estate market had 22 homes for sale in December 2024, a 8.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 1313
0.0%
4 33
0.0%
5+ 33
0.0%

Summary: The 74864 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 74864, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 74864 in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 74864, OK

How long does it take to sell a home in 74864, OK?

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days36 Days+89.5%

Summary: Homes in 74864 had an average of 36 days on market in Dec 2024, up by 89.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 74864 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 74864; 0% of homes were sold within 30 days, 100% 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 4 Days Ago

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