Is 73078, 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, 73078 has remained a Seller's Market.
Key Takeaway
73078 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 73078, OK
How much do homes in 73078, OK cost?
Median Sold Price
$314,900
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 73078 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 73078 was $314,900 in April 2024, up 3.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.4K | $231K | +47.7% |
| 3 Bedrooms | $276.9K | $270.2K | -2.4% |
| 4 Bedrooms | $355K | $363.9K | +2.5% |
| 5+ Bedrooms | $435K | $499.9K | +14.9% |
Summary: 73078 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 14.9%.
Housing Supply in 73078, OK
How many homes are available in 73078, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 91 | 87 | -4.4% |
Summary: The 73078 real estate market had 87 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 39 | 40 | +2.6% |
| 4 Bedrooms | 44 | 40 | -9.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 73078 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 remained the same, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73078, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in 73078 in April 2024, down by 13.0% month-over-month. Of the 20 sold homes, 35% were sold under asking, 45% were sold at asking, and 20% were sold over asking.
Days on Market for 73078, OK
How long does it take to sell a home in 73078, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 28 Days | +12.5% |
Summary: Homes in 73078 had an average of 28 days on market in Apr 2024, up by 12.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 73078 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in 73078; 70% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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