Is 73601, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73601 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73601 was a Seller's Market.

Key Takeaway

73601 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73601, OK

How much do homes in 73601, OK cost?

Median Sold Price

$148,890

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,640(+25.9%)

Key Takeaway

Homes in 73601 have sold for 25.9% more than they did a year ago.

Summary: The median home sold price in 73601 was $148,890 in October 2024, up 25.9% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $18K-
N/A
2 $67K$76.2K
+13.8%
3 $150K$144.4K
-3.7%
4 $115K$205K
+78.3%
5+ $102.2K$290K
+183.6%

Summary: 73601 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 13.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 78.3%, and 5+ bedroom homes increased by 183.6%.

Housing Supply in 73601, OK

How many homes are available in 73601, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4037-7.5%

Summary: The 73601 real estate market had 37 homes for sale in October 2024, a 7.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 2524
-4.0%
4 44
0.0%
5+ 11
0.0%

Summary: The 73601 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 decreased by 20%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were 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 73601, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 73601 in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 73601, OK

How long does it take to sell a home in 73601, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days72 Days+189.3%

Summary: Homes in 73601 had an average of 72 days on market in Oct 2024, up by 189.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73601 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 73601; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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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