$813 Closing Credit*
$68,500
1,120 SqFt
2 Beds
•2 Full Baths
Walter Bowser, Listing Office: MBZ Property Management
Is 73071, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 73071 was a Seller's Market.
Key Takeaway
73071 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 73071, OK
How much do homes in 73071, OK cost?
Median Sold Price
$230,373
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,988(+3.1%)
Key Takeaway
Homes in 73071 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 73071 was $230,373 in October 2024, up 3.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $82K | -13.7% |
| 2 Bedrooms | $135K | $125K | -7.4% |
| 3 Bedrooms | $220K | $224.5K | +2.1% |
| 4 Bedrooms | $315.3K | $315K | -0.1% |
| 5+ Bedrooms | $380K | $360K | -5.3% |
Summary: 73071 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 5.3%.
Housing Supply in 73071, OK
How many homes are available in 73071, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 207 | 225 | +8.7% |
Summary: The 73071 real estate market had 225 homes for sale in October 2024, a 8.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 21 | 25 | +19.0% |
| 3 Bedrooms | 117 | 132 | +12.8% |
| 4 Bedrooms | 52 | 55 | +5.8% |
| 5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The 73071 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 19%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 34 | -12.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73071, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 73071 in October 2024, down by 12.8% month-over-month. Of the 34 sold homes, 62% were sold under asking, 26% were sold at asking, and 12% were sold over asking.
Days on Market for 73071, OK
How long does it take to sell a home in 73071, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 44 Days | +29.1% |
Summary: Homes in 73071 had an average of 44 days on market in Oct 2024, up by 29.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 73071 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in 73071; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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