Is 73112, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73112 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 73112 has remained a Seller's Market.

Key Takeaway

73112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73112, OK

How much do homes in 73112, OK cost?

Median Sold Price

$204,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$6,356(+3.2%)

Key Takeaway

Homes in 73112 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 73112 was $204,000 in March 2024, up 3.2% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $219.5K$206K
-6.2%
2 $149.9K$158.9K
+6.0%
3 $205.5K$214K
+4.1%
4 $285K$255K
-10.5%
5+ $295K$510K
+72.9%

Summary: 73112 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 72.9%.

Median Sold Price Compared To Nearby Zip Codes

73116
+8.4%
73122
+7.3%
73107
+5.6%
73112
+3.2%
73118
-3.7%

Housing Supply in 73112, OK

How many homes are available in 73112, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
122121-0.8%

Summary: The 73112 real estate market had 121 homes for sale in March 2024, a 0.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 3029
-3.3%
3 6969
0.0%
4 1719
+11.8%
5+ 32
-33.3%

Summary: The 73112 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3234+6.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73112, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 73112 in March 2024, up by 6.3% month-over-month. Of the 34 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.

Days on Market for 73112, OK

How long does it take to sell a home in 73112, OK?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days31 Days+67.8%

Summary: Homes in 73112 had an average of 31 days on market in Mar 2024, up by 67.8% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73112 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 34 homes were sold in 73112; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 6% 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 27 Days Ago

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