Is 73109, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73109 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73109 has remained a Seller's Market.

Key Takeaway

73109 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73109, OK

How much do homes in 73109, OK cost?

Median Sold Price

$139,900

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,900(+27.2%)

Key Takeaway

Homes in 73109 have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in 73109 was $139,900 in April 2024, up 27.2% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $50K$89K
+78.0%
2 $95K$110.1K
+15.9%
3 $125K$146K
+16.8%
4 $150K$181.7K
+21.2%
5+ $101.2K$267.5K
+164.2%

Summary: 73109 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 164.2%.

Median Sold Price Compared To Nearby Zip Codes

73109
+27.2%
73129
+8.2%
73139
0.0%

Housing Supply in 73109, OK

How many homes are available in 73109, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4345+4.7%

Summary: The 73109 real estate market had 45 homes for sale in April 2024, a 4.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 1012
+20.0%
3 2020
0.0%
4 79
+28.6%
5+ 43
-25.0%

Summary: The 73109 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13130.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73109, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in 73109 in April 2024, the same as the previous month. Of the 13 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% were sold over asking.

Days on Market for 73109, OK

How long does it take to sell a home in 73109, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days39 Days+14.0%

Summary: Homes in 73109 had an average of 39 days on market in Apr 2024, up by 14% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73109 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 13 homes were sold in 73109; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

Newest Listings in 73109, OK

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