Is 73107, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73107 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73107 has remained a Seller's Market.

Key Takeaway

73107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73107, OK

How much do homes in 73107, OK cost?

Median Sold Price

$179,750

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,250(-2.8%)

Key Takeaway

Homes in 73107 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 73107 was $179,750 in October 2024, down 2.8% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $93K$81K
-12.9%
2 $160K$160.5K
0.3%
3 $195K$189.9K
-2.6%
4 $315K$275K
-12.7%
5+ $336.8K$362.5K
+7.6%

Summary: 73107 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Zip Codes

73127
+8.1%
73106
+3.1%
73112
+2.0%
73107
-2.8%
73108
-10.5%

Housing Supply in 73107, OK

How many homes are available in 73107, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
141145+2.8%

Summary: The 73107 real estate market had 145 homes for sale in October 2024, a 2.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 4953
+8.2%
3 6767
0.0%
4 1919
0.0%
5+ 33
0.0%

Summary: The 73107 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 8.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2826-7.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73107, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 73107 in October 2024, down by 7.1% month-over-month. Of the 26 sold homes, 58% were sold under asking, 27% were sold at asking, and 15% were sold over asking.

Days on Market for 73107, OK

How long does it take to sell a home in 73107, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days55 Days+168.2%

Summary: Homes in 73107 had an average of 55 days on market in Oct 2024, up by 168.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73107 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 73107; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 19% 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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