$6,353 Closing Credit*
$535,000
2,566 SqFt
3 Beds
•2 Full Baths, 1 Partial
Alex Hickman, Listing Office: Block One Real Estate
Is 73016, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 73016 has remained a Seller's Market.
Key Takeaway
73016 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 73016, OK
How much do homes in 73016, OK cost?
Median Sold Price
$320,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,825(+4.2%)
Key Takeaway
Homes in 73016 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 73016 was $320,000 in October 2024, up 4.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | - | N/A |
| 2 Bedrooms | - | $115K | N/A |
| 3 Bedrooms | $212.4K | $260K | +22.4% |
| 4 Bedrooms | $333.8K | $362.8K | +8.7% |
| 5+ Bedrooms | $350K | $330K | -5.7% |
Summary: 73016 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 did not change, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in 73016, OK
How many homes are available in 73016, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The 73016 real estate market had 14 homes for sale in October 2024, a 27.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 73016 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 decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73016, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 73016 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 73016, OK
How long does it take to sell a home in 73016, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 34 Days | +277.8% |
Summary: Homes in 73016 had an average of 34 days on market in Oct 2024, up by 277.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 73016 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 73016; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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