$3,086 Closing Credit*
$259,900
2,157 SqFt
3 Beds
•2 Full Baths
Clay Russell, Listing Office: PPMG of Texas LLC
Is 73162, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 73162 has remained a Seller's Market.
Key Takeaway
73162 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 73162, OK
How much do homes in 73162, OK cost?
Median Sold Price
$270,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+3.8%)
Key Takeaway
Homes in 73162 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 73162 was $270,000 in October 2024, up 3.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.8K | $105K | +18.1% |
| 2 Bedrooms | $173.1K | $169.9K | -1.8% |
| 3 Bedrooms | $235K | $250K | +6.4% |
| 4 Bedrooms | $292.5K | $319K | +9.1% |
| 5+ Bedrooms | $355K | $335K | -5.6% |
Summary: 73162 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 73162, OK
How many homes are available in 73162, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 144 | 151 | +4.9% |
Summary: The 73162 real estate market had 151 homes for sale in October 2024, a 4.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 81 | 80 | -1.2% |
| 4 Bedrooms | 41 | 50 | +22.0% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The 73162 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 18.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 22%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 73162, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 73162 in October 2024, down by 6.3% month-over-month. Of the 30 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for 73162, OK
How long does it take to sell a home in 73162, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 24 Days | +7.1% |
Summary: Homes in 73162 had an average of 24 days on market in Oct 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 73162 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in 73162; 70% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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