Is 73160, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73160 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 73160 has remained a Seller's Market.

Key Takeaway

73160 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 73160, OK

How much do homes in 73160, OK cost?

Median Sold Price

$222,387

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,387(+1.1%)

Key Takeaway

Homes in 73160 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 73160 was $222,387 in October 2024, up 1.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K-
N/A
2 $150K$170K
+13.3%
3 $204.5K$214K
+4.6%
4 $278K$288.5K
+3.8%
5+ $350K$454.3K
+29.8%

Summary: 73160 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 13.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 29.8%.

Median Sold Price Compared To Nearby Zip Codes

73149
+30.1%
73170
+1.8%
73160
+1.1%

Housing Supply in 73160, OK

How many homes are available in 73160, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
260302+16.2%

Summary: The 73160 real estate market had 302 homes for sale in October 2024, a 16.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 711
+57.1%
3 166188
+13.3%
4 7591
+21.3%
5+ 1212
0.0%

Summary: The 73160 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 57.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5956-5.1%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73160, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in 73160 in October 2024, down by 5.1% month-over-month. Of the 56 sold homes, 50% were sold under asking, 32% were sold at asking, and 18% were sold over asking.

Days on Market for 73160, OK

How long does it take to sell a home in 73160, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days32 Days-5.7%

Summary: Homes in 73160 had an average of 32 days on market in Oct 2024, down by 5.7% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73160 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 56 homes were sold in 73160; 63% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 11% 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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