$3,800 Closing Credit*
$320,000
1,548 SqFt
3 Beds
•2 Full Baths
Matthew Vaughan, Listing Office: Sage Sotheby's Realty
Is 73118, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 73118 was a Seller's Market.
Key Takeaway
73118 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 73118, OK
How much do homes in 73118, OK cost?
Median Sold Price
$288,750
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,750(+6.2%)
Key Takeaway
Homes in 73118 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 73118 was $288,750 in October 2024, up 6.2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292.5K | - | N/A |
| 2 Bedrooms | $210K | $210.5K | 0.2% |
| 3 Bedrooms | $299.9K | $300K | 0.0% |
| 4 Bedrooms | $465K | $441.5K | -5.1% |
| 5+ Bedrooms | $520K | $707.5K | +36.1% |
Summary: 73118 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 36.1%.
Housing Supply in 73118, OK
How many homes are available in 73118, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 121 | +33.0% |
Summary: The 73118 real estate market had 121 homes for sale in October 2024, a 33.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 26 | 35 | +34.6% |
| 3 Bedrooms | 42 | 54 | +28.6% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The 73118 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 34.6%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 17 | +70.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73118, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 73118 in October 2024, up by 70.0% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for 73118, OK
How long does it take to sell a home in 73118, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 35 Days | +16.6% |
Summary: Homes in 73118 had an average of 35 days on market in Oct 2024, up by 16.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 73118 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 73118; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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