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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Tulsa is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in North Tulsa, OK

How much do homes in North Tulsa, OK cost?

Median Sold Price

$273,333

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,892(-0.7%)

Key Takeaway

Homes in North Tulsa have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in North Tulsa was $273,333 in April 2024, down 0.7% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $82.5K$35K
-57.6%
2 $110K$150K
+36.4%
3 $245.6K$240K
-2.3%
4 $364.2K$359K
-1.4%
5+ $429.9K$424.9K
-1.2%

Summary: North Tulsa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Ochelata-Ramona
+56.9%
Skiatook
+31.3%
Collinsville
+3.8%
North Tulsa
-0.7%
Oologah-Talala
-11.3%

Housing Supply in North Tulsa, OK

How many homes are available in North Tulsa, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8899+12.5%

Summary: The North Tulsa real estate market had 99 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 32
-33.3%
3 4954
+10.2%
4 2936
+24.1%
5+ 65
-16.7%

Summary: The North Tulsa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Tulsa, expect to pay close to the asking price. 48% of homes here sold near the asking price last month.

Summary: A total of 25 homes were sold or pending in North Tulsa in April 2024, up by 19.0% month-over-month. Of the 25 sold homes, 32% were sold under asking, 48% were sold at asking, and 20% were sold over asking.

Days on Market for North Tulsa, OK

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

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days29 Days-37.1%

Summary: Homes in North Tulsa had an average of 29 days on market in Apr 2024, down by 37.1% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 25 homes were sold in North Tulsa; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

Newest Listings in North Tulsa, OK

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