Is 73662, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73662 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 73662 was a Seller's Market.

Key Takeaway

73662 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73662, OK

How much do homes in 73662, OK cost?

Median Sold Price

$129,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,750(-9.6%)

Key Takeaway

Homes in 73662 have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in 73662 was $129,000 in April 2024, down 9.6% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$53.5K
N/A
2 $58K$65K
+12.1%
3 $148.2K$143.9K
-2.9%
4 $195K$225K
+15.4%
5+ -$207K
N/A

Summary: 73662 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 12.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73644
+0.8%
73662
-9.6%

Housing Supply in 73662, OK

How many homes are available in 73662, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3032+6.7%

Summary: The 73662 real estate market had 32 homes for sale in April 2024, a 6.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 911
+22.2%
3 1213
+8.3%
4 87
-12.5%
5+ 00
0.0%

Summary: The 73662 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 increased by 8.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73662, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 73662 in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 73662, OK

How long does it take to sell a home in 73662, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
180 Days71 Days-60.3%

Summary: Homes in 73662 had an average of 71 days on market in Apr 2024, down by 60.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73662 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 73662; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 11 Days Ago

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