Is 73071, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 73071 has remained a Seller's Market.
Housing Prices in 73071, OK
How much do homes in 73071, OK cost?
Median Sold Price
$222,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 73071 was $222,000 in April 2024, up 2.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $94.7K | -0.3% |
2 Bedrooms | $101.5K | $130K | +28.1% |
3 Bedrooms | $210K | $220K | +4.8% |
4 Bedrooms | $283K | $299.9K | +6.0% |
5+ Bedrooms | $439K | $330K | -24.8% |
Summary: 73071 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 28.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 24.8%.
Housing Supply in 73071, OK
How many homes are available in 73071, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
183 | 219 | +19.7% |
Summary: The 73071 real estate market had 219 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 6 | -25.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 93 | 113 | +21.5% |
4 Bedrooms | 59 | 73 | +23.7% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 73071 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 44 | +10.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 73071 in April 2024, up by 10.0% month-over-month. Of the 44 sold homes, 48% were sold under asking, 18% were sold at asking, and 34% were sold over asking.
Days on Market for 73071, OK
How long does it take to sell a home in 73071, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 21 Days | -8.4% |
Summary: Homes in 73071 had an average of 21 days on market in Apr 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in 73071; 80% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.