Is 73057, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73057 is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 73057 was a Seller's Market.

Key Takeaway

73057 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 73057, OK

How much do homes in 73057, OK cost?

Median Sold Price

$175,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$23,500(+15.5%)

Key Takeaway

Homes in 73057 have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in 73057 was $175,000 in May 2024, up 15.5% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $105.7K$110K
+4.0%
3 $155K$175K
+12.9%
4 $130K$600K
+361.5%
5+ --
N/A

Summary: 73057 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 361.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73075
+21.1%
73057
+15.5%
73052
-11.8%

Housing Supply in 73057, OK

How many homes are available in 73057, OK?

Number of Homes For Sale

Apr 2024May 2024CHANGE
660.0%

Summary: The 73057 real estate market had 6 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 73057 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73057, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 73057 in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 73057, OK

How long does it take to sell a home in 73057, OK?

Average Sale Time

May 2023May 2024CHANGE
4 Days175 Days+4275.0%

Summary: Homes in 73057 had an average of 175 days on market in May 2024, up by 4275% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 73057 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in 73057; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

Newest Listings in 73057, OK

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