74016 Home Values & Market Trends
There are 10 homes currently listed for 74016. 74016 real estate market trends show that home prices range from $73,500 to $348,000, and the median sales price in the 74016 zip code is $131,310.38. The total number of properties sold within the past twelve months is 49. In 74016, 1 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
74016 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Chelsea | $ 198,958 $ 141/sqft |
Housing Market Summary for 74016
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $174.8K | $139.3K | -20.31% |
| Median Sold Price | $121.1K | $139.3K | 14.99% |
| Homes For Sale | 8 | 9 | 12.50% |
| Homes Sold | 44 | 21 | -52.27% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 74016
Browse Homes in 74016
The median list price of a home in Chelsea, is $131,310.38. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 74016 properties is 1,477.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 74016 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 74016; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 74016 ranges from the highest value of $73,500 in chelsea to the lowest value of $73,500 in chelsea. Bank owned homes and properties account for 0.07% of properties in 74016. There is 1 cities within 74016; chelsea containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 74016. Auction homes and other auction properties account for 0% of all properties in 74016. There is 1 cities within 74016; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Zip Codes
More Real Estate Resources for 74016
Guide for 74016
Oklahoma City real estate showcases strong growth, with rising property values, stable transactions, and a robust market.
The Tulsa real estate market showcases modest fluctuations in property values, with notable seasonal influences. Sold price per square foot remains fairly stable, and neighboring cities generally exhibit higher property values. While factors like economic conditions and local developments play a role, understanding this market requires deeper investigation.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?