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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73072 is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

73072 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73072, OK

How much do homes in 73072, OK cost?

Median Sold Price

$323,413

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,879(+5.2%)

Key Takeaway

Homes in 73072 have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in 73072 was $323,413 in November 2024, up 5.2% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $108.5K$95K
-12.4%
2 $149.5K$160.3K
+7.2%
3 $264.4K$279.9K
+5.8%
4 $387.5K$425K
+9.7%
5+ $537.5K$531.4K
-1.1%

Summary: 73072 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

73069
+8.3%
73072
+5.2%
73065
+5.0%
73071
+4.2%

Housing Supply in 73072, OK

How many homes are available in 73072, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
218208-4.6%

Summary: The 73072 real estate market had 208 homes for sale in November 2024, a 4.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1814
-22.2%
3 8073
-8.8%
4 9395
+2.2%
5+ 2625
-3.8%

Summary: The 73072 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 22.2%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4428-36.4%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

9 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. 60.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 73072 in November 2024, down by 36.4% month-over-month. Of the 28 sold homes, 61% were sold under asking, 32% were sold at asking, and 7% 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

Nov 2023Nov 2024CHANGE
51 Days42 Days-17.6%

Summary: Homes in 73072 had an average of 42 days on market in Nov 2024, down by 17.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 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 November 2024, 28 homes were sold in 73072; 46% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 11% 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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