Is 73117, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73117 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 73117 has remained a Buyer's Market.

Key Takeaway

73117 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73117, OK

How much do homes in 73117, OK cost?

Median Sold Price

$137,450

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,550(-3.9%)

Key Takeaway

Homes in 73117 have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in 73117 was $137,450 in November 2024, down 3.9% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $103K$57.1K
-44.6%
2 $90K$72.5K
-19.4%
3 $164K$140K
-14.6%
4 $152K$240K
+57.9%
5+ -$525K
N/A

Summary: 73117 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.6%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes increased by 57.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73111
+28.2%
73115
+3.4%
73117
-3.9%
73121
-11.0%

Housing Supply in 73117, OK

How many homes are available in 73117, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2935+20.7%

Summary: The 73117 real estate market had 35 homes for sale in November 2024, a 20.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 1722
+29.4%
4 34
+33.3%
5+ 12
+100.0%

Summary: The 73117 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73117, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 73117 in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 73117, OK

How long does it take to sell a home in 73117, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days30 Days+2.5%

Summary: Homes in 73117 had an average of 30 days on market in Nov 2024, up by 2.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73117 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in 73117; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in 73117, OK

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