#2506420, Mandy Theimer, Listing Office: Kerri Marks - Options Realty
74023 Housing Market Report February 2025•Payne County, Oklahoma
Housing Prices in 74023, OK
How much do homes in 74023, OK cost?
Housing Market Conditions
Is 74023, OK a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
74023 is a Neutral Market
Difference Since February 2024
At the same time last year, 74023 was a Seller's Market.
74023 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 74023 have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in 74023 was $132,500 in February 2025, down 12.5% from last year, and the median price per square foot was $102.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $78.7K | N/A |
22 Bedrooms | $78.5K | $64.5K | -17.8% |
33 Bedrooms | $151.5K | $150K | -1.0% |
44 Bedrooms | $286.2K | $180K | -37.1% |
55+ Bedrooms | $240K | $550K | +129.2% |
Summary: 74023 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -17.8%. The home price for 3 bedroom homes decreased by -1.0%. The home price for 4 bedroom homes decreased by -37.1%. The home price for 5 bedroom homes increased by +129.2%.
Housing supply in 74023, OK
How many homes are available in 74023, OK?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
52Last MonthFeb 2025 | ||
562 months agoJan 2025 | -7.1 % Change MoMJan – Feb |
Summary: The 74023 real estate market had 52 homes for sale in Feb 2025, a 7.1 % decrease compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthFeb 2025 | ||
122 months agoJan 2025 | -33.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 15 | 10 | -33.3% |
33 Bedrooms | 31 | 32 | +3.2% |
44 Bedrooms | 8 | 9 | +12.5% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 74023 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +3.2%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 74023, OK cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price6 Homes
If you're buying a home in 74023, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 74023 in February 2025, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.
Days on Market for 74023, OK
How long does it take to sell a home in 74023, OK?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days6 Homes
Most homes in 74023 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 8 homes were sold in 74023; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
100 DaysThis YearFeb 2025 | ||
62 Days1 year agoFeb 2024 | +60.9 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 74023 had an average listing age of 100 days in Feb 2025, up by 60.9% compared to the previous year.
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Newest Listings in 74023, OK
What homes are available in 74023, OK?
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MLS Disclaimers and Copyright
Based on information from MLS Technology Inc., and MLS of Oklahoma for the period 03/01/2023 - 03/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 3:14:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.