Is 73020, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73020 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73020 has remained a Seller's Market.

Key Takeaway

73020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73020, OK

How much do homes in 73020, OK cost?

Median Sold Price

$323,250

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,250(+6.7%)

Key Takeaway

Homes in 73020 have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in 73020 was $323,250 in October 2024, up 6.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$100K
N/A
2 $86.7K$170K
+96.0%
3 $270K$285K
+5.6%
4 $372.5K$405K
+8.7%
5+ $425K$462.5K
+8.8%

Summary: 73020 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 96%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Zip Codes

73130
+9.1%
73020
+6.7%
73084
-3.5%
73150
-4.0%

Housing Supply in 73020, OK

How many homes are available in 73020, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144151+4.9%

Summary: The 73020 real estate market had 151 homes for sale in October 2024, a 4.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 97
-22.2%
3 8185
+4.9%
4 4951
+4.1%
5+ 47
+75.0%

Summary: The 73020 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 22.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1935+84.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73020, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 73020 in October 2024, up by 84.2% month-over-month. Of the 35 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.

Days on Market for 73020, OK

How long does it take to sell a home in 73020, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days41 Days+48.3%

Summary: Homes in 73020 had an average of 41 days on market in Oct 2024, up by 48.3% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73020 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in 73020; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

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