Is 73142, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 73142 has remained a Seller's Market.
Key Takeaway
73142 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 73142, OK
How much do homes in 73142, OK cost?
Median Sold Price
$372,505
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 73142 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 73142 was $372,505 in May 2024, up 3.7% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $249.9K | +6.3% |
| 3 Bedrooms | $285K | $295K | +3.5% |
| 4 Bedrooms | $397.2K | $437.2K | +10.1% |
| 5+ Bedrooms | $817.7K | $812K | -0.7% |
Summary: 73142 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 73142, OK
How many homes are available in 73142, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 131 | 135 | +3.1% |
Summary: The 73142 real estate market had 135 homes for sale in May 2024, a 3.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 49 | 44 | -10.2% |
| 4 Bedrooms | 53 | 60 | +13.2% |
| 5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The 73142 housing inventory by bedroom type for May 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 10.2%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 30 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73142, expect to pay close to the asking price. 56.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in 73142 in May 2024, up by 50.0% month-over-month. Of the 30 sold homes, 27% were sold under asking, 57% were sold at asking, and 17% were sold over asking.
Days on Market for 73142, OK
How long does it take to sell a home in 73142, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 37 Days | 45 Days | +20.9% |
Summary: Homes in 73142 had an average of 45 days on market in May 2024, up by 20.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 73142 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 30 homes were sold in 73142; 70% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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