Is 73662, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 73662 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 73662 was a Seller's Market.

Key Takeaway

73662 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 73662, OK

How much do homes in 73662, OK cost?

Median Sold Price

$131,900

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,100(-7.1%)

Key Takeaway

Homes in 73662 have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in 73662 was $131,900 in October 2024, down 7.1% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $53.5K$23K
-57.0%
2 $58.5K$70K
+19.7%
3 $143.9K$140K
-2.7%
4 $254.9K$262.5K
+3.0%
5+ $330K$84K
-74.5%

Summary: 73662 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 19.7%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 74.5%.

Median Sold Price Compared To Nearby Zip Codes

73644
-4.5%
73662
-7.1%

Housing Supply in 73662, OK

How many homes are available in 73662, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2122+4.8%

Summary: The 73662 real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 89
+12.5%
4 55
0.0%
5+ 00
0.0%

Summary: The 73662 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 increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 73662, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 73662 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 73662, OK

How long does it take to sell a home in 73662, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
123 Days34 Days-72.4%

Summary: Homes in 73662 had an average of 34 days on market in Oct 2024, down by 72.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 73662 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 73662; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 73662, OK

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