Is 73122, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73122 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73122 has remained a Seller's Market.

Key Takeaway

73122 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73122, OK

How much do homes in 73122, OK cost?

Median Sold Price

$200,750

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,750(+5.7%)

Key Takeaway

Homes in 73122 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 73122 was $200,750 in October 2024, up 5.7% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $130K-
N/A
2 $107K$140K
+30.8%
3 $186K$200K
+7.5%
4 $225.2K$232K
+3.0%
5+ $207.9K$282K
+35.6%

Summary: 73122 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 30.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 35.6%.

Median Sold Price Compared To Nearby Zip Codes

73127
+8.1%
73122
+5.7%
73132
+4.4%
73112
+2.0%
73008
-3.3%

Housing Supply in 73122, OK

How many homes are available in 73122, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
41410.0%

Summary: The 73122 real estate market had 41 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2323
0.0%
4 129
-25.0%
5+ 13
+200.0%

Summary: The 73122 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

6 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 73122, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 73122 in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 73122, OK

How long does it take to sell a home in 73122, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days52 Days+108.2%

Summary: Homes in 73122 had an average of 52 days on market in Oct 2024, up by 108.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73122 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 73122; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 24 Days Ago

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