Is Tulsa County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tulsa County is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Tulsa County, OK cost?

Median Sold Price

$252,416

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$22,469(+9.8%)

Key Takeaway

Homes in Tulsa County have sold for 9.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $73.6K$73.9K
0.4%
2 $129.9K$140.3K
+8.0%
3 $199.2K$225.2K
+13.0%
4 $318.9K$356.5K
+11.8%
5+ $446.3K$508.3K
+13.9%

Median Sold Price Compared To Nearby Counties

Wagoner County
+12.9%
Creek County
+11.8%
Tulsa County
+9.8%
Rogers County
+4.8%
Okmulgee County
+2.8%

How many homes are available in Tulsa County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
2,4302,422-0.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 4648
+4.3%
2 226217
-4.0%
3 1,0961,109
+1.2%
4 869853
-1.8%
5+ 193195
+1.0%

Number of Homes Sold

Jan 2023Feb 2023%
479544+13.6%

Asking Price vs. Sold Price

296 Homes Were Sold
Under Asking

132 Homes Were Sold
At Asking

116 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tulsa County, you may be able to get a good deal. 54.4% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
19 Days37 Days+98.8%

Breakdown of Home Sale Times

326 Homes Were Sold
Under 30 Days

138 Homes Were Sold
In 30 - 90 Days

80 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Tulsa County, OK

There are 2,422 homes are for sale in Tulsa County, OK real estate market. The number of homes for sale in Tulsa County, OK decreased by 0.3% between January 2023 and February 2023. In February 2023, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $252,416. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0.4%, prices of 2 bedrooms properties went up by 8%, prices of 3 bedrooms properties increased by 13%, prices of 4 bedrooms properties went up by 11.8%, 5 bedrooms properties became 13.9% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes became 4.3% more available, 2 bedrooms homes became 4% less available, volume of 3 bedrooms homes went up by 1.2%, volume of 4 bedrooms homes went down by 1.8%, volume of 5 bedrooms homes went up by 1%. Over 116 listings were sold over their listed price in February 2023 in Tulsa County, OK. In the same period over 296 listings were sold below the listed price and 132 listings were sold for the listed price.

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