Is 74105, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 74105 has remained a Seller's Market.
Key Takeaway
74105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74105, OK
How much do homes in 74105, OK cost?
Median Sold Price
$299,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 74105 have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in 74105 was $299,000 in May 2024, down 6.8% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140.2K | $109.1K | -22.2% |
| 2 Bedrooms | $205K | $224.5K | +9.5% |
| 3 Bedrooms | $252.2K | $260K | +3.1% |
| 4 Bedrooms | $725K | $730K | +0.7% |
| 5+ Bedrooms | $999K | $995K | -0.4% |
Summary: 74105 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 74105, OK
How many homes are available in 74105, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 179 | 182 | +1.7% |
Summary: The 74105 real estate market had 182 homes for sale in May 2024, a 1.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 37 | 39 | +5.4% |
| 3 Bedrooms | 76 | 75 | -1.3% |
| 4 Bedrooms | 49 | 52 | +6.1% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The 74105 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 5.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74105, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 74105 in May 2024, up by 5.3% month-over-month. Of the 40 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% were sold over asking.
Days on Market for 74105, OK
How long does it take to sell a home in 74105, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 23 Days | -17.9% |
Summary: Homes in 74105 had an average of 23 days on market in May 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74105 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 40 homes were sold in 74105; 83% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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