Is 73120, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73120 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 73120 was a Seller's Market.

Key Takeaway

73120 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 73120, OK

How much do homes in 73120, OK cost?

Median Sold Price

$250,333

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,333(+6.5%)

Key Takeaway

Homes in 73120 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 73120 was $250,333 in November 2024, up 6.5% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$103.5K
+15.0%
2 $175K$172.5K
-1.4%
3 $233K$250K
+7.3%
4 $354K$405K
+14.4%
5+ $780K$535K
-31.4%

Summary: 73120 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 31.4%.

Median Sold Price Compared To Nearby Zip Codes

73134
+85.7%
73120
+6.5%
73114
+2.9%
73162
+1.5%
73116
-1.6%

Housing Supply in 73120, OK

How many homes are available in 73120, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
227224-1.3%

Summary: The 73120 real estate market had 224 homes for sale in November 2024, a 1.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 86
-25.0%
2 3631
-13.9%
3 133131
-1.5%
4 3944
+12.8%
5+ 1112
+9.1%

Summary: The 73120 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5236-30.8%

Asking Price vs. Sold Price

24 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 73120, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in 73120 in November 2024, down by 30.8% month-over-month. Of the 36 sold homes, 67% were sold under asking, 19% were sold at asking, and 14% were sold over asking.

Days on Market for 73120, OK

How long does it take to sell a home in 73120, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days30 Days+12.8%

Summary: Homes in 73120 had an average of 30 days on market in Nov 2024, up by 12.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73120 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 36 homes were sold in 73120; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% 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

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