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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73054 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73054 has remained a Seller's Market.

Key Takeaway

73054 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73054, OK

How much do homes in 73054, OK cost?

Median Sold Price

$259,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$18,500(-6.7%)

Key Takeaway

Homes in 73054 have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in 73054 was $259,000 in October 2024, down 6.7% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $265K$147.5K
-44.3%
2 $280K$188.2K
-32.8%
3 $259.9K$296K
+13.9%
4 $505K$455K
-9.9%
5+ $1.6M$650.1K
-59.4%

Summary: 73054 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes decreased by 32.8%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 59.4%.

Median Sold Price Compared To Nearby Zip Codes

73049
+5.9%
74881
+4.5%
73007
-1.7%
73054
-6.7%

Housing Supply in 73054, OK

How many homes are available in 73054, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1923+21.1%

Summary: The 73054 real estate market had 23 homes for sale in October 2024, a 21.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 45
+25.0%
3 911
+22.2%
4 46
+50.0%
5+ 00
0.0%

Summary: The 73054 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
18+700.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 73054 in October 2024, up by 700.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% 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

Oct 2023Oct 2024CHANGE
68 Days30 Days-55.0%

Summary: Homes in 73054 had an average of 30 days on market in Oct 2024, down by 55% compared to last year.

Breakdown of Home Sale Times

6 Homes Were 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 October 2024, 8 homes were sold in 73054; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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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