73071 Housing Market Report January 2025•Cleveland County, Oklahoma

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Housing Prices in 73071, OK

How much do homes in 73071, OK cost?

Housing Market Conditions

Is 73071, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

73071 is a Buyer's Market

Difference Since January 2024

At the same time last year, 73071 was a Seller's Market.

Insight

73071 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$235,000$152/SqFt
+$10,050
+4.5%

Based on all homes sold in the last 12 months

Insight

Homes in 73071 have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in 73071 was $235,000 in January 2025, up 4.5% from last year, and the median price per square foot was $152.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
73072
+10.8%
73069
+9.9%
73071
+4.5%
73165
0.0%
73026
0.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$90K$87.7K
-2.5%
2$130K$128.5K
-1.2%
3$220.5K$235K
+6.6%
4$317.5K$320K
+0.8%
5$330K$408.5K
+23.8%

Summary: 73071 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -2.5%. The home price for 2 bedroom homes decreased by -1.2%. The home price for 3 bedroom homes increased by +6.6%. The home price for 4 bedroom homes increased by +0.8%. The home price for 5 bedroom homes increased by +23.8%.

Housing supply in 73071, OK

How many homes are available in 73071, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
181Last MonthJan 2025
1842 months agoDec 2024
-1.6 %
Change MoMDec – Jan

Summary: The 73071 real estate market had 181 homes for sale in Jan 2025, a 1.6 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
24Last MonthJan 2025
562 months agoDec 2024
-57.1 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
157
+40.0%
21715
-11.8%
39498
+4.3%
46152
-14.8%
579
+28.6%

Summary: 73071 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +40.0%. The inventory for 2 bedroom homes decreased by -11.8%. The inventory for 3 bedroom homes increased by +4.3%. The inventory for 4 bedroom homes decreased by -14.8%. The inventory for 5 bedroom homes increased by +28.6%.

Asking Price vs. Sold Price

How much do homes in 73071, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price5 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in 73071, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 73071 in January 2025, down by 57.1% month-over-month. Of the 24 sold homes, 67% were sold under asking, 21% were sold at asking, and and 13% were sold over asking.

Days on Market for 73071, OK

How long does it take to sell a home in 73071, OK?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days9 Homes

Over 90 Days7 Homes

Insight

Avg time on Rocket Homes in 73071 has remained consistent over time.

Summary: During January 2025, 24 homes were sold in 73071; 33% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
66 DaysThis YearJan 2025
46 Days1 year agoJan 2024
+42.7 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 73071 had an average listing age of 66 days in Jan 2025, up by 42.7% compared to the previous year.

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Newest Listings in 73071, OK

What homes are available in 73071, OK?

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MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, for the period 02/01/2023 - 02/01/2025

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 11:59:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.