74074 Housing Market Report January 2025Payne County, Oklahoma

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Housing Prices in 74074, OK

How much do homes in 74074, OK cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$226,560$159/SqFt
-$9,979
-4.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 74074 has decreased by 4.2% since last year.

Summary: The median home list price in 74074 was $226,560 in January 2025, down 4.2% from the previous year, and the median price per square foot was $159.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
74059
+7.4%
74075
-2.0%
74074
-4.2%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$90.7K$314.4K
+246.4%
2$179.9K$147.4K
-18.0%
3$219.1K$218.9K
-0.1%
4$295K$235.7K
-20.1%
5$218.2K$795K
+264.3%

Summary: 74074 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +246.4%. The home price for 2 bedroom homes decreased by -18.0%. The home price for 3 bedroom homes decreased by -0.1%. The home price for 4 bedroom homes decreased by -20.1%. The home price for 5 bedroom homes increased by +264.3%.

Housing supply in 74074, OK

How many homes are available in 74074, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthJan 2025
342 months agoDec 2024
-14.7 %
Change MoMDec – Jan

Summary: The 74074 real estate market had 29 homes for sale in Jan 2025, a 14.7 % decrease compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
111
0.0%
201
+100.0%
32419
-20.8%
452
-60.0%
546
+50.0%

Summary: 74074 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -20.8%. The inventory for 4 bedroom homes decreased by -60.0%. The inventory for 5 bedroom homes increased by +50.0%.

Asking Price vs. Sold Price

How much do homes in 74074, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 74074, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 74074 in January 2025, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 74074, OK

How long does it take to sell a home in 74074, OK?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 74074 has remained consistent over time.

Summary: During January 2025, 2 homes were sold in 74074; 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.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
85 DaysThis YearJan 2025
127 Days1 year agoJan 2024
-32.5 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 74074 had an average listing age of 85 days in Jan 2025, down by 32.5% compared to the previous year.

Newest Listings in 74074, OK

What homes are available in 74074, OK?

Nearby markets

Nearby markets aren't available for 74074, OK

MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, MLS Technology Inc., and Western River Valley Board of REALTORS® MLS for the period 02/01/2023 - 02/01/2025

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 9:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 9:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.