Is 73072, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73072 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73072 was a Seller's Market.

Key Takeaway

73072 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 73072, OK

How much do homes in 73072, OK cost?

Median Sold Price

$316,600

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,924(+2.2%)

Key Takeaway

Homes in 73072 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 73072 was $316,600 in October 2024, up 2.2% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $112K$105K
-6.3%
2 $162.5K$150K
-7.7%
3 $263K$276.9K
+5.3%
4 $380K$412.5K
+8.6%
5+ $530K$525K
-0.9%

Summary: 73072 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

73069
+10.4%
73071
+3.1%
73072
+2.2%
73065
0.4%

Housing Supply in 73072, OK

How many homes are available in 73072, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
232229-1.3%

Summary: The 73072 real estate market had 229 homes for sale in October 2024, a 1.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 1717
0.0%
3 9086
-4.4%
4 9596
+1.1%
5+ 2930
+3.4%

Summary: The 73072 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 3.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4037-7.5%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73072, you may be able to get a good deal. 81.1% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 73072 in October 2024, down by 7.5% month-over-month. Of the 37 sold homes, 81% were sold under asking, 14% were sold at asking, and 5% were sold over asking.

Days on Market for 73072, OK

How long does it take to sell a home in 73072, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days44 Days+38.9%

Summary: Homes in 73072 had an average of 44 days on market in Oct 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73072 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in 73072; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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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