$60,000
8.18 Acres
Land
Seth Koenig, Listing Office: Pioneer Realty
Is 74881, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 74881 has remained a Seller's Market.
Key Takeaway
74881 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74881, OK
How much do homes in 74881, OK cost?
Median Sold Price
$199,500
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,500(+4.5%)
Key Takeaway
Homes in 74881 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 74881 was $199,500 in October 2024, up 4.5% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $447.5K | N/A |
| 2 Bedrooms | $155K | $125K | -19.4% |
| 3 Bedrooms | $195K | $239K | +22.6% |
| 4 Bedrooms | $240K | $193.5K | -19.4% |
| 5+ Bedrooms | $982.5K | - | N/A |
Summary: 74881 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 19.4%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes did not change.
Housing Supply in 74881, OK
How many homes are available in 74881, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 74881 real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 74881 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74881, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 74881 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 74881, OK
How long does it take to sell a home in 74881, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 54 Days | -19.6% |
Summary: Homes in 74881 had an average of 54 days on market in Oct 2024, down by 19.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74881 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in 74881; 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.
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