Is Broken Arrow, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Broken Arrow was a Seller's Market.
Key Takeaway
Broken Arrow is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Broken Arrow, OK cost?
Median Sold Price
$264,468
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Broken Arrow have sold for 12% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $70K | $411.5K | +487.9% |
| 2 Bedrooms | $145K | $151.6K | +4.6% |
| 3 Bedrooms | $205K | $233.2K | +13.8% |
| 4 Bedrooms | $282K | $320.1K | +13.5% |
| 5+ Bedrooms | $349.5K | $399.9K | +14.4% |
Median Sold Price Compared To Nearby Cities
| Broken Arrow | $239.1K | $268.1K | +12.2% |
| Broken Arrow | $236.1K | $264.4K | +12.0% |
| Tulsa | $199.9K | $220.4K | +10.3% |
| Coweta | $202K | $220.5K | +9.2% |
How many homes are available in Broken Arrow, OK?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 434 | 437 | +0.7% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 222 | 210 | -5.4% |
| 4 Bedrooms | 161 | 172 | +6.8% |
| 5+ Bedrooms | 33 | 34 | +3.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 131 | 68 | -48.1% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broken Arrow, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 14 Days | 28 Days | +90.0% |
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Broken Arrow are selling fast, if you're buying plan to act quickly.
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©2023 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.