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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tulsa County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Tulsa County, OK

How much do homes in Tulsa County, OK cost?

Median Sold Price

$271,701

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,670(+4.5%)

Key Takeaway

Homes in Tulsa County have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Tulsa County was $271,701 in November 2024, up 4.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $85K$94.5K
+11.2%
2 $140K$156.7K
+12.0%
3 $229.1K$240K
+4.8%
4 $361K$372.7K
+3.2%
5+ $490.2K$519.8K
+6.0%

Summary: Tulsa County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Counties

Okmulgee County
+25.6%
Wagoner County
+5.6%
Tulsa County
+4.5%
Creek County
+4.0%
Rogers County
0.2%

Housing Supply in Tulsa County, OK

How many homes are available in Tulsa County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3,6273,511-3.2%

Summary: The Tulsa County real estate market had 3,511 homes for sale in November 2024, a 3.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 6056
-6.7%
2 370350
-5.4%
3 1,7421,720
-1.3%
4 1,2111,142
-5.7%
5+ 244243
-0.4%

Summary: The Tulsa County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 0.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
743637-14.3%

Asking Price vs. Sold Price

380 Homes Were Sold
Under Asking

151 Homes Were Sold
At Asking

106 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tulsa County, you may be able to get a good deal. 59.7% of homes here sold below asking price last month.

Summary: A total of 637 homes were sold or pending in Tulsa County in November 2024, down by 14.3% month-over-month. Of the 637 sold homes, 60% were sold under asking, 24% were sold at asking, and 17% were sold over asking.

Days on Market for Tulsa County, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days37 Days+22.2%

Summary: Homes in Tulsa County had an average of 37 days on market in Nov 2024, up by 22.2% compared to last year.

Breakdown of Home Sale Times

367 Homes Were Sold
Under 30 Days

193 Homes Were Sold
In 30 - 90 Days

77 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 637 homes were sold in Tulsa County; 58% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 12% 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 Tulsa County, OK

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