Is 73068, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73068 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73068 was a Seller's Market.

Key Takeaway

73068 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73068, OK

How much do homes in 73068, OK cost?

Median Sold Price

$209,500

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+6.3%)

Key Takeaway

Homes in 73068 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 73068 was $209,500 in October 2024, up 6.3% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$210K
+121.1%
2 $118K$135K
+14.4%
3 $190K$204.2K
+7.5%
4 $236.3K$239K
+1.1%
5+ $366K$310K
-15.3%

Summary: 73068 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121.1%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

73051
+20.3%
73093
+14.6%
73068
+6.3%
73071
+3.1%
73026
+1.8%

Housing Supply in 73068, OK

How many homes are available in 73068, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5365+22.6%

Summary: The 73068 real estate market had 65 homes for sale in October 2024, a 22.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 3645
+25.0%
4 812
+50.0%
5+ 12
+100.0%

Summary: The 73068 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 25%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73068, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 73068 in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for 73068, OK

How long does it take to sell a home in 73068, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days35 Days+126.5%

Summary: Homes in 73068 had an average of 35 days on market in Oct 2024, up by 126.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73068 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 73068; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 5 Days Ago

Newest Listings in 73068, OK

Nearby Markets to 73068, OK