Is 73106, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73106 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73106 was a Seller's Market.

Key Takeaway

73106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73106, OK

How much do homes in 73106, OK cost?

Median Sold Price

$295,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+3.1%)

Key Takeaway

Homes in 73106 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 73106 was $295,000 in October 2024, up 3.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $65K$80K
+23.1%
2 $235K$180.7K
-23.1%
3 $317.5K$304.1K
-4.2%
4 $465K$399K
-14.2%
5+ $344K$600K
+74.4%

Summary: 73106 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes increased by 74.4%.

Median Sold Price Compared To Nearby Zip Codes

73118
+6.2%
73106
+3.1%
73103
-1.2%
73107
-2.8%
73102
-41.1%

Housing Supply in 73106, OK

How many homes are available in 73106, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
95112+17.9%

Summary: The 73106 real estate market had 112 homes for sale in October 2024, a 17.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1926
+36.8%
3 5160
+17.6%
4 1717
0.0%
5+ 67
+16.7%

Summary: The 73106 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 36.8%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73106, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 73106 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 73106, OK

How long does it take to sell a home in 73106, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days61 Days+18.1%

Summary: Homes in 73106 had an average of 61 days on market in Oct 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 73106 has remained consistent over time.

Summary: During October 2024, 6 homes were sold in 73106; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in 73106, OK

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