Is 73089, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73089 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73089 has remained a Seller's Market.

Key Takeaway

73089 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73089, OK

How much do homes in 73089, OK cost?

Median Sold Price

$337,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,000(+3.7%)

Key Takeaway

Homes in 73089 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 73089 was $337,000 in April 2024, up 3.7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$195K
N/A
2 $184.9K$165K
-10.8%
3 $314K$315K
0.3%
4 $370.5K$385.9K
+4.2%
5+ $580K$362.4K
-37.5%

Summary: 73089 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 decreased by 10.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 37.5%.

Median Sold Price Compared To Nearby Zip Codes

73064
+8.0%
73173
+5.6%
73065
+4.4%
73089
+3.7%

Housing Supply in 73089, OK

How many homes are available in 73089, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8175-7.4%

Summary: The 73089 real estate market had 75 homes for sale in April 2024, a 7.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 5144
-13.7%
4 2630
+15.4%
5+ 31
-66.7%

Summary: The 73089 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 decreased by 100%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2015-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73089, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 73089 in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 33% were sold under asking, 53% were sold at asking, and 13% were sold over asking.

Days on Market for 73089, OK

How long does it take to sell a home in 73089, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days68 Days+20.1%

Summary: Homes in 73089 had an average of 68 days on market in Apr 2024, up by 20.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 73089 has remained consistent over time.

Summary: During April 2024, 15 homes were sold in 73089; 33% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

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