Is 73040, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73040 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 73040 has remained a Seller's Market.

Key Takeaway

73040 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73040, OK

How much do homes in 73040, OK cost?

Median Sold Price

$160,000

$264/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$101,500(+173.5%)

Key Takeaway

Homes in 73040 have sold for 173.5% more than they did a month ago.

Summary: The median home sold price in 73040 was $160,000 in October 2024, up 173.5% from last month, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$85K
N/A
2 $59K$235K
+298.3%
3 $58K-
N/A
4 --
N/A
5+ --
N/A

Summary: 73040 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 298.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73040
+173.5%
73014
-44.3%

Housing Supply in 73040, OK

How many homes are available in 73040, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 73040 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 32
-33.3%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 73040 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73040, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 73040 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 73040, OK

How long does it take to sell a home in 73040, OK?

Average Sale Time

Sep 2024Oct 2024CHANGE
120 Days32 Days-73.4%

Summary: Homes in 73040 had an average of 32 days on market in Oct 2024, down by 73.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73040 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 73040; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 73040, OK

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