Is North Tulsa, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Tulsa is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in North Tulsa, OK

How much do homes in North Tulsa, OK cost?

Median Sold Price

$286,975

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,975(+6.7%)

Key Takeaway

Homes in North Tulsa have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in North Tulsa was $286,975 in October 2024, up 6.7% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $25K$45K
+80.0%
2 $142.5K$150K
+5.3%
3 $240.5K$259K
+7.7%
4 $355K$378K
+6.5%
5+ $434.9K$500K
+15.0%

Summary: North Tulsa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Oologah-Talala
+22.0%
Skiatook
+10.3%
North Tulsa
+6.7%
Collinsville
0.4%
Ochelata-Ramona
-45.1%

Housing Supply in North Tulsa, OK

How many homes are available in North Tulsa, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107106-0.9%

Summary: The North Tulsa real estate market had 106 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 4947
-4.1%
4 4444
0.0%
5+ 78
+14.3%

Summary: The North Tulsa 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 4.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1918-5.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 18 homes were sold or pending in North Tulsa in October 2024, down by 5.3% month-over-month. Of the 18 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for North Tulsa, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
79 Days43 Days-45.3%

Summary: Homes in North Tulsa had an average of 43 days on market in Oct 2024, down by 45.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 18 homes were sold in North Tulsa; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

Newest Listings in North Tulsa, OK

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