Is 73112, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73112 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73112 has remained a Seller's Market.

Key Takeaway

73112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73112, OK

How much do homes in 73112, OK cost?

Median Sold Price

$208,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,166(+2.0%)

Key Takeaway

Homes in 73112 have sold for 2% more than they did a year ago.

Summary: The median home sold price in 73112 was $208,500 in October 2024, up 2% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $212K$135.4K
-36.1%
2 $153K$162.5K
+6.2%
3 $213K$219.9K
+3.3%
4 $285K$250K
-12.3%
5+ $417.6K$411.2K
-1.5%

Summary: 73112 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

73118
+6.2%
73122
+5.7%
73112
+2.0%
73107
-2.8%
73116
-16.8%

Housing Supply in 73112, OK

How many homes are available in 73112, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
152179+17.8%

Summary: The 73112 real estate market had 179 homes for sale in October 2024, a 17.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 99
0.0%
2 3649
+36.1%
3 8395
+14.5%
4 1821
+16.7%
5+ 65
-16.7%

Summary: The 73112 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 36.1%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1733+94.1%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73112, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 73112 in October 2024, up by 94.1% month-over-month. Of the 33 sold homes, 64% were sold under asking, 21% were sold at asking, and 15% were sold over asking.

Days on Market for 73112, OK

How long does it take to sell a home in 73112, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days46 Days+202.0%

Summary: Homes in 73112 had an average of 46 days on market in Oct 2024, up by 202% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 73112 has remained consistent over time.

Summary: During October 2024, 33 homes were sold in 73112; 36% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 15% 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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