Is 73107, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73107 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73107 has remained a Seller's Market.

Key Takeaway

73107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73107, OK

How much do homes in 73107, OK cost?

Median Sold Price

$184,900

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,233(+0.7%)

Key Takeaway

Homes in 73107 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 73107 was $184,900 in April 2024, up 0.7% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $100K$80K
-20.0%
2 $152.5K$162K
+6.2%
3 $199K$191.5K
-3.8%
4 $281K$295K
+5.0%
5+ $290K$386K
+33.1%

Summary: 73107 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 33.1%.

Median Sold Price Compared To Nearby Zip Codes

73112
+2.8%
73107
+0.7%
73127
-1.3%
73106
-13.0%

Housing Supply in 73107, OK

How many homes are available in 73107, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
128132+3.1%

Summary: The 73107 real estate market had 132 homes for sale in April 2024, a 3.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 5050
0.0%
3 6060
0.0%
4 1216
+33.3%
5+ 44
0.0%

Summary: The 73107 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3830-21.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73107, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 73107 in April 2024, down by 21.1% month-over-month. Of the 30 sold homes, 63% were sold under asking, 20% were sold at asking, and 17% were sold over asking.

Days on Market for 73107, OK

How long does it take to sell a home in 73107, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days27 Days-3.9%

Summary: Homes in 73107 had an average of 27 days on market in Apr 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73107 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 30 homes were sold in 73107; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% 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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