Is 74878, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74878 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 74878 has remained a Seller's Market.

Key Takeaway

74878 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74878, OK

How much do homes in 74878, OK cost?

Median Sold Price

$359,500

$163/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$251,500(+232.9%)

Key Takeaway

Homes in 74878 have sold for 232.9% more than they did a month ago.

Summary: The median home sold price in 74878 was $359,500 in November 2024, up 232.9% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $108K$275K
+154.6%
4 -$444K
N/A
5+ --
N/A

Summary: 74878 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 154.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74878, OK

How many homes are available in 74878, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The 74878 real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 54
-20.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 74878 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 74878, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 74878 in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 74878, OK

How long does it take to sell a home in 74878, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
41 Days58 Days+42.7%

Summary: Homes in 74878 had an average of 58 days on market in Nov 2024, up by 42.7% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in 74878 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 74878; 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 17 Days Ago

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