Is 73159, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73159 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 73159 has remained a Seller's Market.

Key Takeaway

73159 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73159, OK

How much do homes in 73159, OK cost?

Median Sold Price

$185,125

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,531(+3.1%)

Key Takeaway

Homes in 73159 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 73159 was $185,125 in April 2024, up 3.1% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $139.7K$150K
+7.3%
3 $176K$189K
+7.4%
4 $206.5K$202K
-2.2%
5+ $216.5K$174K
-19.6%

Summary: 73159 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 7.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 19.6%.

Median Sold Price Compared To Nearby Zip Codes

73109
+27.2%
73119
+18.5%
73159
+3.1%
73139
0.0%
73169
-5.7%

Housing Supply in 73159, OK

How many homes are available in 73159, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8072-10.0%

Summary: The 73159 real estate market had 72 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 5748
-15.8%
4 1716
-5.9%
5+ 32
-33.3%

Summary: The 73159 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 100%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23230.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73159, expect to pay close to the asking price. 43.5% of homes here sold near the asking price last month.

Summary: A total of 23 homes were sold or pending in 73159 in April 2024, the same as the previous month. Of the 23 sold homes, 39% were sold under asking, 43% were sold at asking, and 17% were sold over asking.

Days on Market for 73159, OK

How long does it take to sell a home in 73159, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days15 Days+142.5%

Summary: Homes in 73159 had an average of 15 days on market in Apr 2024, up by 142.5% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73159 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 23 homes were sold in 73159; 83% of homes were sold within 30 days, 17% 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 4 Days Ago

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