Is 73114, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73114 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73114 has remained a Seller's Market.

Key Takeaway

73114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73114, OK

How much do homes in 73114, OK cost?

Median Sold Price

$165,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,000(-2.9%)

Key Takeaway

Homes in 73114 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 73114 was $165,000 in April 2024, down 2.9% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$90.9K
N/A
2 $115.5K$120K
+3.9%
3 $175K$169K
-3.4%
4 $169K$180K
+6.5%
5+ $499K$173.2K
-65.3%

Summary: 73114 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 3.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 65.3%.

Median Sold Price Compared To Nearby Zip Codes

73116
+19.7%
73120
+4.9%
73131
+3.7%
73013
+2.0%
73114
-2.9%

Housing Supply in 73114, OK

How many homes are available in 73114, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7577+2.7%

Summary: The 73114 real estate market had 77 homes for sale in April 2024, a 2.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 53
-40.0%
3 4247
+11.9%
4 2120
-4.8%
5+ 76
-14.3%

Summary: The 73114 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73114, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 73114 in April 2024, down by 13.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 73114, OK

How long does it take to sell a home in 73114, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days23 Days+90.0%

Summary: Homes in 73114 had an average of 23 days on market in Apr 2024, up by 90% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73114 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 20 homes were sold in 73114; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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 8 Days Ago

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