Is 73034, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73034 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73034 was a Seller's Market.

Key Takeaway

73034 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 73034, OK

How much do homes in 73034, OK cost?

Median Sold Price

$439,805

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,034(+0.2%)

Key Takeaway

The sold price of homes in 73034 has remained the same since last year.

Summary: The median home sold price in 73034 was $439,805 in October 2024, up 0.2% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K$365K
+386.7%
2 $227.5K$264.5K
+16.3%
3 $380K$367K
-3.4%
4 $489.1K$487.1K
-0.4%
5+ $627K$775K
+23.6%

Summary: 73034 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 386.7%, 2 bedroom homes increased by 16.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 23.6%.

Median Sold Price Compared To Nearby Zip Codes

73025
+3.0%
73003
+2.0%
73034
0.2%
73013
0%
73007
-1.7%

Housing Supply in 73034, OK

How many homes are available in 73034, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
320339+5.9%

Summary: The 73034 real estate market had 339 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 109113
+3.7%
4 154164
+6.5%
5+ 5356
+5.7%

Summary: The 73034 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 50%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 5.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6755-17.9%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73034, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in 73034 in October 2024, down by 17.9% month-over-month. Of the 55 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.

Days on Market for 73034, OK

How long does it take to sell a home in 73034, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days38 Days+23.4%

Summary: Homes in 73034 had an average of 38 days on market in Oct 2024, up by 23.4% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73034 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 55 homes were sold in 73034; 49% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 11% 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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