$315,000
45.48 Acres
Land
Jenifer Stevenson, Listing Office: Berkshire Hathaway-Benchmark
Is 74873, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 74873 was a Seller's Market.
Key Takeaway
74873 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74873, OK
How much do homes in 74873, OK cost?
Median Sold Price
$170,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,500(+5.9%)
Key Takeaway
Homes in 74873 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 74873 was $170,000 in November 2024, up 5.9% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $83K | N/A |
| 2 Bedrooms | $93.7K | $117K | +24.8% |
| 3 Bedrooms | $131K | $156K | +19.1% |
| 4 Bedrooms | $246.4K | $217.7K | -11.6% |
| 5+ Bedrooms | $287K | $400K | +39.4% |
Summary: 74873 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 increased by 24.8%, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes increased by 39.4%.
Housing Supply in 74873, OK
How many homes are available in 74873, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 39 | -17.0% |
Summary: The 74873 real estate market had 39 homes for sale in November 2024, a 17.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 10 | 5 | -50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 74873 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74873, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 74873 in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for 74873, OK
How long does it take to sell a home in 74873, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 50 Days | +16.0% |
Summary: Homes in 74873 had an average of 50 days on market in Nov 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74873 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 74873; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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