Is 73008, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73008 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73008 has remained a Seller's Market.

Key Takeaway

73008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73008, OK

How much do homes in 73008, OK cost?

Median Sold Price

$185,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,750(+1.5%)

Key Takeaway

Homes in 73008 have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in 73008 was $185,000 in April 2024, up 1.5% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $96.5K$172K
+78.2%
2 $116.5K$130.5K
+12.0%
3 $180K$189.9K
+5.5%
4 $230K$261.5K
+13.7%
5+ $221.5K$222.5K
0.5%

Summary: 73008 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

73132
+10.4%
73122
+4.8%
73008
+1.5%
73127
-1.3%

Housing Supply in 73008, OK

How many homes are available in 73008, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7167-5.6%

Summary: The 73008 real estate market had 67 homes for sale in April 2024, a 5.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1512
-20.0%
3 3740
+8.1%
4 1613
-18.8%
5+ 21
-50.0%

Summary: The 73008 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 20%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1827+50.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73008, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 73008 in April 2024, up by 50.0% month-over-month. Of the 27 sold homes, 48% were sold under asking, 30% were sold at asking, and 22% were sold over asking.

Days on Market for 73008, OK

How long does it take to sell a home in 73008, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days26 Days-2.8%

Summary: Homes in 73008 had an average of 26 days on market in Apr 2024, down by 2.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73008 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 73008; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% 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 15 Days Ago

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