Is 73078, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73078 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73078 has remained a Seller's Market.

Key Takeaway

73078 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73078, OK

How much do homes in 73078, OK cost?

Median Sold Price

$349,900

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,029(+15.1%)

Key Takeaway

Homes in 73078 have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in 73078 was $349,900 in October 2024, up 15.1% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $231K-
N/A
3 $270.2K$290K
+7.3%
4 $357.5K$379.7K
+6.2%
5+ $494.9K$540.9K
+9.3%

Summary: 73078 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Zip Codes

73078
+15.1%
73142
+3.5%
73025
+3.0%
73099
0%
73012
0.0%

Housing Supply in 73078, OK

How many homes are available in 73078, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
125134+7.2%

Summary: The 73078 real estate market had 134 homes for sale in October 2024, a 7.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 5963
+6.8%
4 5157
+11.8%
5+ 1414
0.0%

Summary: The 73078 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 100%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1624+50.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73078, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 73078 in October 2024, up by 50.0% month-over-month. Of the 24 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.

Days on Market for 73078, OK

How long does it take to sell a home in 73078, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days60 Days+57.8%

Summary: Homes in 73078 had an average of 60 days on market in Oct 2024, up by 57.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73078 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 73078; 46% of homes were sold within 30 days, 42% 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

Newest Listings in 73078, OK

Nearby Markets to 73078, OK