Is 73547, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73547 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73547 was a Seller's Market.

Key Takeaway

73547 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73547, OK

How much do homes in 73547, OK cost?

Median Sold Price

$90,000

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$50,000(-35.7%)

Key Takeaway

Homes in 73547 have sold for 35.7% less than they did a year ago.

Summary: The median home sold price in 73547 was $90,000 in October 2024, down 35.7% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K-
N/A
2 $166.5K$87.2K
-47.6%
3 $135K$101.5K
-24.8%
4 $172.4K$284.9K
+65.2%
5+ --
N/A

Summary: 73547 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 decreased by 47.6%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes increased by 65.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

73554
-5.5%
73547
-35.7%

Housing Supply in 73547, OK

How many homes are available in 73547, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The 73547 real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 65
-16.7%
4 32
-33.3%
5+ 00
0.0%

Summary: The 73547 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 73547, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 73547 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 73547, OK

How long does it take to sell a home in 73547, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days113 Days+53.4%

Summary: Homes in 73547 had an average of 113 days on market in Oct 2024, up by 53.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 73547 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in 73547; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

Newest Listings in 73547, OK

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