Is 73003, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73003 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73003 has remained a Seller's Market.

Key Takeaway

73003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73003, OK

How much do homes in 73003, OK cost?

Median Sold Price

$257,500

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,500(-0.6%)

Key Takeaway

Homes in 73003 have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in 73003 was $257,500 in April 2024, down 0.6% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $175K-
N/A
2 $162K$170K
+4.9%
3 $240.3K$235K
-2.2%
4 $331.9K$322.5K
-2.8%
5+ $607.9K$520K
-14.5%

Summary: 73003 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 14.5%.

Median Sold Price Compared To Nearby Zip Codes

73025
+7.3%
73012
+4.0%
73013
+2.0%
73034
+0.7%
73003
-0.6%

Housing Supply in 73003, OK

How many homes are available in 73003, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6768+1.5%

Summary: The 73003 real estate market had 68 homes for sale in April 2024, a 1.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 72
-71.4%
3 4140
-2.4%
4 1722
+29.4%
5+ 24
+100.0%

Summary: The 73003 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 71.4%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2216-27.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73003, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 73003 in April 2024, down by 27.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.

Days on Market for 73003, OK

How long does it take to sell a home in 73003, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days22 Days-25.4%

Summary: Homes in 73003 had an average of 22 days on market in Apr 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73003 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 73003; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

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