Is 73115, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73115 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73115 has remained a Seller's Market.

Key Takeaway

73115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73115, OK

How much do homes in 73115, OK cost?

Median Sold Price

$145,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+7.4%)

Key Takeaway

Homes in 73115 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 73115 was $145,000 in April 2024, up 7.4% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $101.2K$109.7K
+8.4%
3 $137.5K$148K
+7.6%
4 $150K$178.2K
+18.9%
5+ $232K$195.4K
-15.8%

Summary: 73115 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 8.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Zip Codes

73129
+8.2%
73115
+7.4%
73117
+7.4%
73135
+5.3%

Housing Supply in 73115, OK

How many homes are available in 73115, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7976-3.8%

Summary: The 73115 real estate market had 76 homes for sale in April 2024, a 3.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 5748
-15.8%
4 1216
+33.3%
5+ 11
0.0%

Summary: The 73115 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 increased by 22.2%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2620-23.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73115, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 73115 in April 2024, down by 23.1% month-over-month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for 73115, OK

How long does it take to sell a home in 73115, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
32 Days37 Days+13.9%

Summary: Homes in 73115 had an average of 37 days on market in Apr 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 73115 has remained consistent over time.

Summary: During April 2024, 20 homes were sold in 73115; 40% of homes were sold within 30 days, 55% 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 6 Days Ago

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