Is 73054, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73054 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 73054 was a Buyer's Market.

Key Takeaway

73054 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 73054, OK

How much do homes in 73054, OK cost?

Median Sold Price

$270,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,000(-1.5%)

Key Takeaway

Homes in 73054 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 73054 was $270,000 in November 2024, down 1.5% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $265K$210K
-20.8%
2 $195K$164.2K
-15.8%
3 $260K$342K
+31.5%
4 $505K$485K
-4.0%
5+ $1.6M$650.1K
-59.4%

Summary: 73054 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 31.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 59.4%.

Median Sold Price Compared To Nearby Zip Codes

73049
+12.4%
74881
+4.5%
73054
-1.5%
73007
-1.8%

Housing Supply in 73054, OK

How many homes are available in 73054, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2218-18.2%

Summary: The 73054 real estate market had 18 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 52
-60.0%
3 119
-18.2%
4 56
+20.0%
5+ 00
0.0%

Summary: The 73054 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 60%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73054, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 73054 in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 73054, OK

How long does it take to sell a home in 73054, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days70 Days+27.9%

Summary: Homes in 73054 had an average of 70 days on market in Nov 2024, up by 27.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73054 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 73054; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in 73054, OK

Nearby Markets to 73054, OK