73162 Housing Market Report January 2025•Oklahoma County, Oklahoma

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Housing Prices in 73162, OK

How much do homes in 73162, OK cost?

Housing Market Conditions

Is 73162, 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

73162 is a Seller's Market

Difference Since January 2024

Since last year, 73162 has remained a Seller's Market.

Insight

73162 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$264,500$129/SqFt
-$6,250
-2.3%

Based on all homes sold in the last 12 months

Insight

Homes in 73162 have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in 73162 was $264,500 in January 2025, down 2.3% from last year, and the median price per square foot was $129.

Median Sold Price By City

Median Sold Price By City
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
73120
+6.4%
73162
-2.3%
73132
-5.7%
73142
-7.8%

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$118K$105K
-11.0%
2$178K$165K
-7.3%
3$245K$245.5K
0.2%
4$297.5K$303K
+1.8%
5$355K$390K
+9.9%

Summary: 73162 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.0%. The home price for 2 bedroom homes decreased by -7.3%. The home price for 3 bedroom homes increased by 0.2%. The home price for 4 bedroom homes increased by +1.8%. The home price for 5 bedroom homes increased by +9.9%.

Housing supply in 73162, OK

How many homes are available in 73162, 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
116Last MonthJan 2025
1252 months agoDec 2024
-7.2 %
Change MoMDec – Jan

Summary: The 73162 real estate market had 116 homes for sale in Jan 2025, a 7.2 % 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
23Last MonthJan 2025
422 months agoDec 2024
-45.2 %
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
111
0.0%
2109
-10.0%
35951
-13.6%
44849
+2.1%
576
-14.3%

Summary: 73162 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -10.0%. The inventory for 3 bedroom homes decreased by -13.6%. The inventory for 4 bedroom homes increased by +2.1%. The inventory for 5 bedroom homes decreased by -14.3%.

Asking Price vs. Sold Price

How much do homes in 73162, 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 Price0 Home

At Asking Price8 Homes

Under Asking Price15 Homes

Insight

If you're buying a home in 73162, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 73162 in January 2025, down by 45.2% month-over-month. Of the 23 sold homes, 65% were sold under asking, 35% were sold at asking, and and 0% were sold over asking.

Days on Market for 73162, OK

How long does it take to sell a home in 73162, OK?

Breakdown of Home Sale Times

Under 30 Days13 Homes

30 – 90 Days9 Homes

Over 90 Days1 Home

Insight

Many homes in 73162 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 23 homes were sold in 73162; 57% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 4% 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
33 DaysThis YearJan 2025
28 Days1 year agoJan 2024
+19.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 73162 had an average listing age of 33 days in Jan 2025, up by 19.9% compared to the previous year.

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Newest Listings in 73162, OK

What homes are available in 73162, OK?

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Nearby markets

Popular Cities with Homes for Sale in Oklahoma

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: 2/5/2025, 3:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.