Is 73051, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73051 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 73051 was a Seller's Market.

Key Takeaway

73051 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73051, OK

How much do homes in 73051, OK cost?

Median Sold Price

$254,950

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,700(+33.3%)

Key Takeaway

Homes in 73051 have sold for 33.3% more than they did a year ago.

Summary: The median home sold price in 73051 was $254,950 in November 2024, up 33.3% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $31.5K-
N/A
2 $137.9K$134K
-2.8%
3 $187.5K$265K
+41.3%
4 $230K$343.9K
+49.5%
5+ $190K-
N/A

Summary: 73051 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 41.3%, 4 bedroom homes increased by 49.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73051
+33.3%
73068
+5.0%
73095
-3.3%
73080
-4.3%

Housing Supply in 73051, OK

How many homes are available in 73051, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3740+8.1%

Summary: The 73051 real estate market had 40 homes for sale in November 2024, a 8.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 1923
+21.1%
4 1010
0.0%
5+ 11
0.0%

Summary: The 73051 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

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 73051, 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 73051 in November 2024, down by 33.3% month-over-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 73051, OK

How long does it take to sell a home in 73051, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days95 Days+569.0%

Summary: Homes in 73051 had an average of 95 days on market in Nov 2024, up by 569% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73051 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 73051; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in 73051, OK

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