$1,483 Closing Credit*
$124,900
988 SqFt
3 Beds
•1 Full Bath
Makenzie Townsend, Listing Office: Coldwell Banker Select
Is South Tulsa, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, South Tulsa was a Seller's Market.
Key Takeaway
South Tulsa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Tulsa, OK
How much do homes in South Tulsa, OK cost?
Median Sold Price
$320,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,150(+3.6%)
Key Takeaway
Homes in South Tulsa have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in South Tulsa was $320,000 in November 2024, up 3.6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $136.9K | $120K | -12.4% |
| 3 Bedrooms | $245K | $259.9K | +6.1% |
| 4 Bedrooms | $354.8K | $365.2K | +2.9% |
| 5+ Bedrooms | $514.5K | $532.5K | +3.5% |
Summary: South Tulsa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in South Tulsa, OK
How many homes are available in South Tulsa, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 234 | 238 | +1.7% |
Summary: The South Tulsa real estate market had 238 homes for sale in November 2024, a 1.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 99 | 94 | -5.1% |
| 4 Bedrooms | 116 | 121 | +4.3% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The South Tulsa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 30 | -30.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Tulsa, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in South Tulsa in November 2024, down by 30.2% month-over-month. Of the 30 sold homes, 37% were sold under asking, 47% were sold at asking, and 17% were sold over asking.
Days on Market for South Tulsa, OK
How long does it take to sell a home in South Tulsa, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 42 Days | +0.9% |
Summary: Homes in South Tulsa had an average of 42 days on market in Nov 2024, up by 0.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Tulsa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in South Tulsa; 57% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
