Is 73007, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73007 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 73007 was a Seller's Market.

Key Takeaway

73007 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 73007, OK

How much do homes in 73007, OK cost?

Median Sold Price

$468,765

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$109,614(-19.0%)

Key Takeaway

Homes in 73007 have sold for 19% less than they did a year ago.

Summary: The median home sold price in 73007 was $468,765 in April 2024, down 19% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $340K$370K
+8.8%
2 $312.5K$243.5K
-22.1%
3 $436.6K$327.5K
-25.0%
4 $650K$475.6K
-26.8%
5+ $987.7K$634.7K
-35.7%

Summary: 73007 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes decreased by 22.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 35.7%.

Median Sold Price Compared To Nearby Zip Codes

73034
+0.7%
73049
-4.2%
73007
-19.0%

Housing Supply in 73007, OK

How many homes are available in 73007, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5272+38.5%

Summary: The 73007 real estate market had 72 homes for sale in April 2024, a 38.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 14
+300.0%
2 21
-50.0%
3 1919
0.0%
4 2129
+38.1%
5+ 919
+111.1%

Summary: The 73007 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes increased by 111.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73007, expect to pay close to the asking price. 58.3% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 73007 in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 58% were sold at asking, and 8% were sold over asking.

Days on Market for 73007, OK

How long does it take to sell a home in 73007, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
51 Days66 Days+29.6%

Summary: Homes in 73007 had an average of 66 days on market in Apr 2024, up by 29.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73007 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in 73007; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

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