Is 73121, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73121 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73121 has remained a Seller's Market.

Key Takeaway

73121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73121, OK

How much do homes in 73121, OK cost?

Median Sold Price

$212,500

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$48,500(-18.6%)

Key Takeaway

Homes in 73121 have sold for 18.6% less than they did a year ago.

Summary: The median home sold price in 73121 was $212,500 in April 2024, down 18.6% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $500K-
N/A
2 $285K$153.5K
-46.1%
3 $205K$204.5K
-0.2%
4 $297.5K$379.5K
+27.6%
5+ -$200K
N/A

Summary: 73121 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 decreased by 46.1%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73141
+29.9%
73117
+7.4%
73111
+2.2%
73121
-18.6%

Housing Supply in 73121, OK

How many homes are available in 73121, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
86-25.0%

Summary: The 73121 real estate market had 6 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The 73121 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73121, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 73121 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for 73121, OK

How long does it take to sell a home in 73121, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
11 Days6 Days-39.4%

Summary: Homes in 73121 had an average of 6 days on market in Apr 2024, down by 39.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73121 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 73121; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 73121, OK

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