Is 73119, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73119 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73119 was a Seller's Market.

Key Takeaway

73119 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73119, OK

How much do homes in 73119, OK cost?

Median Sold Price

$140,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+16.7%)

Key Takeaway

Homes in 73119 have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in 73119 was $140,000 in October 2024, up 16.7% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $82K$105K
+28.0%
3 $128K$141K
+10.2%
4 $245K$167.2K
-31.8%
5+ $725K$225K
-69.0%

Summary: 73119 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 28%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes decreased by 69%.

Median Sold Price Compared To Nearby Zip Codes

73109
+27.3%
73119
+16.7%
73159
+5.2%
73179
+1.8%
73108
-10.5%

Housing Supply in 73119, OK

How many homes are available in 73119, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4950+2.0%

Summary: The 73119 real estate market had 50 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 510
+100.0%
3 3228
-12.5%
4 1211
-8.3%
5+ 01
+100.0%

Summary: The 73119 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 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
187-61.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73119, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 73119 in October 2024, down by 61.1% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for 73119, OK

How long does it take to sell a home in 73119, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days12 Days-40.6%

Summary: Homes in 73119 had an average of 12 days on market in Oct 2024, down by 40.6% compared to last year.

Breakdown of Home Sale Times

6 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 73119 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 73119; 86% of homes were sold within 30 days, 14% 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

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