$1,959 Closing Credit*
$165,000
1,292 SqFt
3 Beds
•1 Full Bath
Marisa Clark, Listing Office: ERA C. S. Raper & Son
Is Southwest 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, Southwest Tulsa was a Seller's Market.
Key Takeaway
Southwest Tulsa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southwest Tulsa, OK
How much do homes in Southwest Tulsa, OK cost?
Median Sold Price
$151,750
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,750(+14.1%)
Key Takeaway
Homes in Southwest Tulsa have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Southwest Tulsa was $151,750 in November 2024, up 14.1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $85.5K | N/A |
| 2 Bedrooms | $112K | $135K | +20.5% |
| 3 Bedrooms | $147.5K | $165K | +11.9% |
| 4 Bedrooms | $183K | $207.5K | +13.4% |
| 5+ Bedrooms | $520K | $135K | -74.0% |
Summary: Southwest 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 increased by 20.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 74%.
Housing Supply in Southwest Tulsa, OK
How many homes are available in Southwest Tulsa, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 45 | -6.3% |
Summary: The Southwest Tulsa real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Southwest 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 7.7%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Tulsa, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Southwest Tulsa in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for Southwest Tulsa, OK
How long does it take to sell a home in Southwest Tulsa, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 18 Days | -63.9% |
Summary: Homes in Southwest Tulsa had an average of 18 days on market in Nov 2024, down by 63.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southwest Tulsa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Southwest Tulsa; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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