Is 73007, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73007 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73007 was a Neutral Market.

Key Takeaway

73007 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73007, OK

How much do homes in 73007, OK cost?

Median Sold Price

$486,371

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,611(-1.7%)

Key Takeaway

Homes in 73007 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 73007 was $486,371 in October 2024, down 1.7% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K$309.5K
-11.6%
2 $395K$293.5K
-25.7%
3 $454.6K$354.9K
-21.9%
4 $495.9K$528.2K
+6.5%
5+ $733.2K$629.6K
-14.1%

Summary: 73007 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes decreased by 25.7%, 3 bedroom homes decreased by 21.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Zip Codes

73049
+5.9%
73034
0.2%
73007
-1.7%
73054
-6.7%

Housing Supply in 73007, OK

How many homes are available in 73007, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6658-12.1%

Summary: The 73007 real estate market had 58 homes for sale in October 2024, a 12.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 20
-100.0%
3 1412
-14.3%
4 2726
-3.7%
5+ 2218
-18.2%

Summary: The 73007 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73007, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 73007 in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 73007, OK

How long does it take to sell a home in 73007, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
101 Days105 Days+3.6%

Summary: Homes in 73007 had an average of 105 days on market in Oct 2024, up by 3.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 73007 has remained consistent over time.

Summary: During October 2024, 4 homes were sold in 73007; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 5 Days Ago

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