Is 73109, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73109 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73109 was a Seller's Market.

Key Takeaway

73109 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73109, OK

How much do homes in 73109, OK cost?

Median Sold Price

$149,250

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,000(+27.3%)

Key Takeaway

Homes in 73109 have sold for 27.3% more than they did a year ago.

Summary: The median home sold price in 73109 was $149,250 in October 2024, up 27.3% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $42K$89K
+111.9%
2 $103.5K$130K
+25.6%
3 $127.5K$152K
+19.2%
4 $156.2K$185K
+18.4%
5+ $420K$172K
-59.0%

Summary: 73109 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.9%, 2 bedroom homes increased by 25.6%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 59%.

Median Sold Price Compared To Nearby Zip Codes

73109
+27.3%
73139
+2.8%
73129
0.0%
73108
-10.5%
73102
-41.1%

Housing Supply in 73109, OK

How many homes are available in 73109, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4645-2.2%

Summary: The 73109 real estate market had 45 homes for sale in October 2024, a 2.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1111
0.0%
3 2321
-8.7%
4 99
0.0%
5+ 33
0.0%

Summary: The 73109 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73109, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 73109 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for 73109, OK

How long does it take to sell a home in 73109, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days17 Days-9.6%

Summary: Homes in 73109 had an average of 17 days on market in Oct 2024, down by 9.6% compared to last year.

Breakdown of Home Sale Times

5 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 73109 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 73109; 83% of homes were sold within 30 days, 17% 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 4 Days Ago

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