Is 73103, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73103 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73103 was a Buyer's Market.

Key Takeaway

73103 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 73103, OK

How much do homes in 73103, OK cost?

Median Sold Price

$437,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,500(-1.2%)

Key Takeaway

Homes in 73103 have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in 73103 was $437,000 in October 2024, down 1.2% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $208K$265K
+27.4%
2 $280K$220K
-21.4%
3 $388.7K$451K
+16.0%
4 $675K$755K
+11.9%
5+ $979.5K-
N/A

Summary: 73103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.4%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73105
+4.2%
73106
+3.1%
73103
-1.2%
73102
-41.1%

Housing Supply in 73103, OK

How many homes are available in 73103, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2934+17.2%

Summary: The 73103 real estate market had 34 homes for sale in October 2024, a 17.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1818
0.0%
4 57
+40.0%
5+ 24
+100.0%

Summary: The 73103 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 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 73103, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 73103 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 73103, OK

How long does it take to sell a home in 73103, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days39 Days+215.2%

Summary: Homes in 73103 had an average of 39 days on market in Oct 2024, up by 215.2% compared to last year.

Breakdown of Home Sale Times

3 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 73103 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 73103; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 13 Days Ago

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