$1,959 Closing Credit*
$165,000
1,403 SqFt
3 Beds
•2 Full Baths
Jeremy Lamp, Listing Office: C21/First Choice Realty
Is 74955, 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, 74955 was a Seller's Market.
Key Takeaway
74955 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74955, OK
How much do homes in 74955, OK cost?
Median Sold Price
$200,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,000(+33.3%)
Key Takeaway
Homes in 74955 have sold for 33.3% more than they did a year ago.
Summary: The median home sold price in 74955 was $200,000 in November 2024, up 33.3% 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 | - | - | N/A |
| 2 Bedrooms | $103K | $253.5K | +146.1% |
| 3 Bedrooms | $154.8K | $155K | 0.1% |
| 4 Bedrooms | $230K | $273K | +18.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: 74955 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 146.1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 74955 | $150K | $200K | +33.3% |
| 74962 | $189K | $216.5K | +14.6% |
Housing Supply in 74955, OK
How many homes are available in 74955, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Summary: The 74955 real estate market had 25 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 74955 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74955, 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 74955 in November 2024, up by 100.0% month-over-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 74955, OK
How long does it take to sell a home in 74955, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 27 Days | -60.7% |
Summary: Homes in 74955 had an average of 27 days on market in Nov 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74955 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 74955; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.