Is 73121, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73121 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 73121 was a Buyer's Market.

Key Takeaway

73121 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 73121, OK

How much do homes in 73121, OK cost?

Median Sold Price

$210,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$26,000(-11.0%)

Key Takeaway

Homes in 73121 have sold for 11% less than they did a year ago.

Summary: The median home sold price in 73121 was $210,000 in November 2024, down 11% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $500K-
N/A
2 $272.5K$158.2K
-41.9%
3 $204.5K$201K
-1.7%
4 $325K$329K
+1.2%
5+ -$200K
N/A

Summary: 73121 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.9%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73151
+38.5%
73111
+28.2%
73141
+27.7%
73117
-3.9%
73121
-11.0%

Housing Supply in 73121, OK

How many homes are available in 73121, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The 73121 real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 64
-33.3%
4 66
0.0%
5+ 00
0.0%

Summary: The 73121 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73121, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 73121 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 73121, OK

How long does it take to sell a home in 73121, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
1 Day27 Days+2600.0%

Summary: Homes in 73121 had an average of 27 days on market in Nov 2024, up by 2600% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 73121 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 73121; 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 22 Days Ago

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