Is 74868, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74868 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 74868 was a Seller's Market.

Key Takeaway

74868 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74868, OK

How much do homes in 74868, OK cost?

Median Sold Price

$142,500

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,100(+21.4%)

Key Takeaway

Homes in 74868 have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in 74868 was $142,500 in November 2024, up 21.4% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$299K
N/A
2 $68.7K$68K
-1.2%
3 $129.9K$152K
+17.0%
4 $187.5K$160K
-14.7%
5+ -$440K
N/A

Summary: 74868 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.

Housing Supply in 74868, OK

How many homes are available in 74868, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6158-4.9%

Summary: The 74868 real estate market had 58 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 77
0.0%
3 3937
-5.1%
4 77
0.0%
5+ 76
-14.3%

Summary: The 74868 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74868, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 74868 in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 74868, OK

How long does it take to sell a home in 74868, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days51 Days+86.6%

Summary: Homes in 74868 had an average of 51 days on market in Nov 2024, up by 86.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74868 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 74868; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

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