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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73107 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 73107 was a Seller's Market.

Key Takeaway

73107 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 73107, OK

How much do homes in 73107, OK cost?

Median Sold Price

$178,916

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,152(-4.4%)

Key Takeaway

Homes in 73107 have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in 73107 was $178,916 in November 2024, down 4.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $93K$81K
-12.9%
2 $160K$160.5K
0.3%
3 $195K$189.9K
-2.6%
4 $307.8K$275K
-10.7%
5+ $355.9K$345K
-3.1%

Summary: 73107 housing prices by bedroom type for November 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 10.7%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

73106
+5.1%
73127
+4.4%
73112
+1.7%
73107
-4.4%
73108
-34.7%

Housing Supply in 73107, OK

How many homes are available in 73107, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
135130-3.7%

Summary: The 73107 real estate market had 130 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 4950
+2.0%
3 6457
-10.9%
4 1617
+6.3%
5+ 33
0.0%

Summary: The 73107 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2820-28.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 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. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 73107 in November 2024, down by 28.6% month-over-month. Of the 20 sold homes, 55% were sold under asking, 30% 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

Nov 2023Nov 2024CHANGE
22 Days15 Days-33.0%

Summary: Homes in 73107 had an average of 15 days on market in Nov 2024, down by 33% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 November 2024, 20 homes were sold in 73107; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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