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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73007 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 73007 was a Buyer's Market.

Key Takeaway

73007 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 73007, OK

How much do homes in 73007, OK cost?

Median Sold Price

$490,890

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,109(-1.8%)

Key Takeaway

Homes in 73007 have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in 73007 was $490,890 in November 2024, down 1.8% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K$309.5K
-11.6%
2 $395K$355K
-10.1%
3 $449.9K$416.5K
-7.4%
4 $512.7K$527.9K
+3.0%
5+ $609K$636.2K
+4.5%

Summary: 73007 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Zip Codes

73049
+12.4%
73034
0.0%
73054
-1.5%
73007
-1.8%

Housing Supply in 73007, OK

How many homes are available in 73007, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5962+5.1%

Summary: The 73007 real estate market had 62 homes for sale in November 2024, a 5.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 10
-100.0%
3 1112
+9.1%
4 2529
+16.0%
5+ 2019
-5.0%

Summary: The 73007 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73007, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in 73007 in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 70% were sold at asking, and 10% 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

Nov 2023Nov 2024CHANGE
38 Days57 Days+47.0%

Summary: Homes in 73007 had an average of 57 days on market in Nov 2024, up by 47% compared to last year.

Breakdown of Home Sale Times

6 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

Many homes in 73007 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 73007; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

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