Is 73012, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73012 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 73012 has remained a Seller's Market.

Key Takeaway

73012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73012, OK

How much do homes in 73012, OK cost?

Median Sold Price

$325,000

$170/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 73012 has remained the same since last year.

Summary: The median home sold price in 73012 was $325,000 in November 2024, the same as last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $425K-
N/A
2 $210K$217.5K
+3.6%
3 $288.3K$290K
+0.6%
4 $396.5K$381.3K
-3.8%
5+ $520K$550K
+5.8%

Summary: 73012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 5.8%.

Median Sold Price Compared To Nearby Zip Codes

73078
+8.9%
73003
+2.2%
73025
+2.0%
73012
0.0%
73013
-0.5%

Housing Supply in 73012, OK

How many homes are available in 73012, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
315323+2.5%

Summary: The 73012 real estate market had 323 homes for sale in November 2024, a 2.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 173187
+8.1%
4 117111
-5.1%
5+ 1922
+15.8%

Summary: The 73012 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 50%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6561-6.2%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73012, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in 73012 in November 2024, down by 6.2% month-over-month. Of the 61 sold homes, 66% were sold under asking, 30% were sold at asking, and 5% were sold over asking.

Days on Market for 73012, OK

How long does it take to sell a home in 73012, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days40 Days-32.0%

Summary: Homes in 73012 had an average of 40 days on market in Nov 2024, down by 32% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73012 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 61 homes were sold in 73012; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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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