Is 73108, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73108 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73108 was a Seller's Market.

Key Takeaway

73108 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 73108, OK

How much do homes in 73108, OK cost?

Median Sold Price

$170,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,950(-10.5%)

Key Takeaway

Homes in 73108 have sold for 10.5% less than they did a year ago.

Summary: The median home sold price in 73108 was $170,000 in October 2024, down 10.5% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $32K$237K
+640.6%
2 $90K$145K
+61.1%
3 $283.7K$182.2K
-35.8%
4 $717.5K$183K
-74.5%
5+ $111K$797.5K
+618.5%

Summary: 73108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 640.6%, 2 bedroom homes increased by 61.1%, 3 bedroom homes decreased by 35.8%, 4 bedroom homes decreased by 74.5%, and 5+ bedroom homes increased by 618.5%.

Median Sold Price Compared To Nearby Zip Codes

73109
+27.3%
73119
+16.7%
73106
+3.1%
73107
-2.8%
73108
-10.5%

Housing Supply in 73108, OK

How many homes are available in 73108, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3444+29.4%

Summary: The 73108 real estate market had 44 homes for sale in October 2024, a 29.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 1924
+26.3%
4 56
+20.0%
5+ 24
+100.0%

Summary: The 73108 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 28.6%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73108, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in 73108 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for 73108, OK

How long does it take to sell a home in 73108, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days31 Days+215.7%

Summary: Homes in 73108 had an average of 31 days on market in Oct 2024, up by 215.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 73108 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 73108; 43% of homes were sold within 30 days, 57% 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 22 Days Ago

Newest Listings in 73108, OK

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