Is 73098, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73098 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73098 was a Seller's Market.

Key Takeaway

73098 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 73098, OK

How much do homes in 73098, OK cost?

Median Sold Price

$148,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$41,000(-21.7%)

Key Takeaway

Homes in 73098 have sold for 21.7% less than they did a year ago.

Summary: The median home sold price in 73098 was $148,000 in October 2024, down 21.7% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$45K
N/A
2 $225K$128.7K
-42.8%
3 $160K$162.5K
+1.6%
4 $266.4K$270K
+1.3%
5+ --
N/A

Summary: 73098 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 decreased by 42.8%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73030
+27.3%
73086
0.2%
73075
-0.9%
74872
-12.5%
73098
-21.7%

Housing Supply in 73098, OK

How many homes are available in 73098, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2528+12.0%

Summary: The 73098 real estate market had 28 homes for sale in October 2024, a 12.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 1618
+12.5%
4 24
+100.0%
5+ 11
0.0%

Summary: The 73098 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 20%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73098, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 73098 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 73098, OK

How long does it take to sell a home in 73098, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days57 Days+86.2%

Summary: Homes in 73098 had an average of 57 days on market in Oct 2024, up by 86.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73098 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 73098; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in 73098, OK

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