Is 73020, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 73020 has remained a Seller's Market.
Key Takeaway
73020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 73020, OK
How much do homes in 73020, OK cost?
Median Sold Price
$305,440
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 73020 have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in 73020 was $305,440 in March 2024, up 8.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $145K | $166.3K | +14.7% |
| 3 Bedrooms | $253.5K | $270.5K | +6.7% |
| 4 Bedrooms | $364K | $395K | +8.5% |
| 5+ Bedrooms | $475.9K | $442.1K | -7.1% |
Summary: 73020 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in 73020, OK
How many homes are available in 73020, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 111 | 125 | +12.6% |
Summary: The 73020 real estate market had 125 homes for sale in March 2024, a 12.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 66 | 65 | -1.5% |
| 4 Bedrooms | 36 | 50 | +38.9% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 73020 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73020, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 73020 in March 2024, up by 21.1% month-over-month. Of the 23 sold homes, 39% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 73020, OK
How long does it take to sell a home in 73020, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 33 Days | +38.5% |
Summary: Homes in 73020 had an average of 33 days on market in Mar 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 73020 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in 73020; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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