$2,553 Closing Credit*
$215,000
1,320 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kathy Fowler, Listing Office: Epique Realty
Is Tulsa, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Tulsa has remained a Seller's Market.
Key Takeaway
Tulsa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tulsa, OK
How much do homes in Tulsa, OK cost?
Median Sold Price
$237,960
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,431(+6.0%)
Key Takeaway
Homes in Tulsa have sold for 6% more than they did a year ago.
Summary: The median home sold price in Tulsa was $237,960 in November 2024, up 6% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $90K | +5.9% |
| 2 Bedrooms | $135.2K | $154.8K | +14.5% |
| 3 Bedrooms | $207K | $219.5K | +6.1% |
| 4 Bedrooms | $355.3K | $369.6K | +4.0% |
| 5+ Bedrooms | $524.5K | $554K | +5.6% |
Summary: Tulsa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Tulsa, OK
How many homes are available in Tulsa, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,943 | 1,866 | -4.0% |
Summary: The Tulsa real estate market had 1,866 homes for sale in November 2024, a 4.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 55 | 53 | -3.6% |
| 2 Bedrooms | 304 | 295 | -3.0% |
| 3 Bedrooms | 967 | 952 | -1.6% |
| 4 Bedrooms | 501 | 451 | -10.0% |
| 5+ Bedrooms | 116 | 115 | -0.9% |
Summary: The Tulsa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 0.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 403 | 337 | -16.4% |
Asking Price vs. Sold Price
216 Homes Were Sold
Under Asking
63 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tulsa, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.
Summary: A total of 337 homes were sold or pending in Tulsa in November 2024, down by 16.4% month-over-month. Of the 337 sold homes, 64% were sold under asking, 19% were sold at asking, and 17% were sold over asking.
Days on Market for Tulsa, OK
How long does it take to sell a home in Tulsa, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 36 Days | +31.8% |
Summary: Homes in Tulsa had an average of 36 days on market in Nov 2024, up by 31.8% compared to last year.
Breakdown of Home Sale Times
195 Homes Were Sold
Under 30 Days
105 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tulsa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 337 homes were sold in Tulsa; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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