Is 73072, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73072 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73072 has remained a Seller's Market.

Key Takeaway

73072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73072, OK

How much do homes in 73072, OK cost?

Median Sold Price

$304,750

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$981(-0.3%)

Key Takeaway

The sold price of homes in 73072 has remained the same since last year.

Summary: The median home sold price in 73072 was $304,750 in April 2024, down 0.3% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $102.2K$100K
-2.2%
2 $167K$169.5K
+1.5%
3 $263.5K$270K
+2.5%
4 $380K$390K
+2.6%
5+ $588K$503.7K
-14.3%

Summary: 73072 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

73069
+7.4%
73065
+4.4%
73071
+2.2%
73072
-0.3%

Housing Supply in 73072, OK

How many homes are available in 73072, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
172185+7.6%

Summary: The 73072 real estate market had 185 homes for sale in April 2024, a 7.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 78
+14.3%
3 7780
+3.9%
4 6175
+23.0%
5+ 2521
-16.0%

Summary: The 73072 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 23%, and 5+ bedroom homes decreased by 16%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4432-27.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73072, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 73072 in April 2024, down by 27.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.

Days on Market for 73072, OK

How long does it take to sell a home in 73072, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days56 Days+43.6%

Summary: Homes in 73072 had an average of 56 days on market in Apr 2024, up by 43.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73072 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 32 homes were sold in 73072; 59% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 34% 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 3 Days Ago

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