Is 73045, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73045 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73045 has remained a Seller's Market.

Key Takeaway

73045 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73045, OK

How much do homes in 73045, OK cost?

Median Sold Price

$250,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,500(+7.5%)

Key Takeaway

Homes in 73045 have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in 73045 was $250,000 in October 2024, up 7.5% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $110K-
N/A
2 $151K$215K
+42.4%
3 $230K$239K
+3.9%
4 $278.9K$287.5K
+3.1%
5+ $375K$399.9K
+6.6%

Summary: 73045 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 42.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

73045
+7.5%
73020
+6.7%
73049
+5.9%
74851
+2.5%
73054
-6.7%

Housing Supply in 73045, OK

How many homes are available in 73045, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6670+6.1%

Summary: The 73045 real estate market had 70 homes for sale in October 2024, a 6.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 4546
+2.2%
4 1921
+10.5%
5+ 00
0.0%

Summary: The 73045 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 2.2%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14140.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73045, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 73045 in October 2024, the same as the previous month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.

Days on Market for 73045, OK

How long does it take to sell a home in 73045, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days43 Days-1.5%

Summary: Homes in 73045 had an average of 43 days on market in Oct 2024, down by 1.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73045 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 73045; 50% of homes were sold within 30 days, 36% 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

Newest Listings in 73045, OK

Nearby Markets to 73045, OK