74940 Housing Market Report April 2025•Le Flore County, Oklahoma

hero building illustration for mobile

Housing Prices in 74940, OK

How much do homes in 74940, OK cost?

Housing Market Conditions

Is 74940, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

74940 is a Seller's Market

Difference Since March 2025

Last month, 74940 has remained a Seller's Market.

Insight

74940 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$31,900$25/SqFt
-$177,100
-84.7%

Based on all homes sold in April 2025

Insight

Homes in 74940 have sold for 84.7% less than they did a month ago.

Summary: The median home sold price in 74940 was $31,900 in April 2025, down 84.7% from last month, and the median price per square foot was $25.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
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 MoM
74937
+18.8%
74940
-84.7%

Median Sold Price By Bedrooms

Median Sold 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.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2--
N/A
3$222.7K$31.9K
-85.7%
4$168K-
N/A
5--
N/A

Summary: 74940 housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -85.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 74940, OK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

74940, OK

Housing supply in 74940, OK

How many homes are available in 74940, 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
13Last MonthApr 2025
152 months agoMar 2025
-13.3 %
Change MoMMar – Apr

Summary: The 74940 real estate market had 13 homes for sale in Apr 2025, a 13.3 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthApr 2025
32 months agoMar 2025
0.0 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
100
0.0%
200
0.0%
399
0.0%
453
-40.0%
511
0.0%

Summary: 74940 housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -40.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 74940, 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 74940, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 74940 in April 2025, the same as the previous 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 74940, OK

How long does it take to sell a home in 74940, OK?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in 74940 are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 3 homes were sold in 74940; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
93 DaysLast MonthApr 2025
128 Days1 month agoMar 2025
-27.3 %
Change MoMMar – Apr

Summary: Homes in 74940 had an average listing age of 93 days in Apr 2025, down by 27.3% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 74940, OK

What homes are available in 74940, OK?

See More Listings

Nearby markets

Nearby markets aren't available for 74940, OK

Popular Cities with Homes for Sale in Oklahoma

MLS Disclaimers and Copyright

Based on information from Western River Valley Board of REALTORS® MLS, and MLS Technology Inc. for the period 03/01/2025 - 05/01/2025

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: 5/4/2025, 8:16:00 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: 5/4/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.