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 October 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

$325,090

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$99(0.0%)

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 $325,090 in October 2024, the same as last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $212K$214K
+0.9%
3 $283.4K$289.8K
+2.2%
4 $400.8K$383.1K
-4.4%
5+ $525K$574.9K
+9.5%

Summary: 73012 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

73078
+15.1%
73025
+3.0%
73003
+2.0%
73012
0.0%
73013
0%

Housing Supply in 73012, OK

How many homes are available in 73012, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
317330+4.1%

Summary: The 73012 real estate market had 330 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 185183
-1.1%
4 108121
+12.0%
5+ 2021
+5.0%

Summary: The 73012 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5760+5.3%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73012, expect to pay close to the asking price. 45% of homes here sold near the asking price last month.

Summary: A total of 60 homes were sold or pending in 73012 in October 2024, up by 5.3% month-over-month. Of the 60 sold homes, 38% were sold under asking, 45% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
28 Days31 Days+11.9%

Summary: Homes in 73012 had an average of 31 days on market in Oct 2024, up by 11.9% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

5 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 October 2024, 60 homes were sold in 73012; 63% of homes were sold within 30 days, 28% 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 21 Days Ago

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