David McAuliff, Listing Office: Platinum Realty, LLC.
Broken Arrow Housing Market Report December 2024•Tulsa County, Oklahoma
Housing Prices in Broken Arrow, OK
How much do homes in Broken Arrow, OK cost?
Housing Market Conditions
Is Broken Arrow, OK a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Broken Arrow is a Seller's Market
Difference Since December 2023
Since last year, Broken Arrow has remained a Seller's Market.
Broken Arrow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Broken Arrow have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Broken Arrow was $294,983 in December 2024, up 2.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $106K | $131.9K | +24.5% |
22 Bedrooms | $167K | $189.9K | +13.7% |
33 Bedrooms | $250.3K | $259.9K | +3.9% |
44 Bedrooms | $348.8K | $352.8K | +1.1% |
55+ Bedrooms | $434.9K | $425.7K | -2.1% |
Summary: Broken Arrow housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +24.5%. The home price for 2 bedroom homes increased by +13.7%. The home price for 3 bedroom homes increased by +3.9%. The home price for 4 bedroom homes increased by +1.1%. The home price for 5 bedroom homes decreased by -2.1%.
Housing supply in Broken Arrow, OK
How many homes are available in Broken Arrow, OK?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
721Last MonthDec 2024 | ||
7772 months agoNov 2024 | -7.2 % Change MoMNov – Dec |
Summary: The Broken Arrow real estate market had 721 homes for sale in Dec 2024, a 7.2 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
138Last MonthDec 2024 | ||
1652 months agoNov 2024 | -16.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 23 | 23 | 0.0% |
33 Bedrooms | 389 | 351 | -9.8% |
44 Bedrooms | 303 | 287 | -5.3% |
55+ Bedrooms | 61 | 59 | -3.3% |
Summary: Broken Arrow housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -9.8%. The inventory for 4 bedroom homes decreased by -5.3%. The inventory for 5 bedroom homes decreased by -3.3%.
Asking Price vs. Sold Price
How much do homes in Broken Arrow, OK cost?
Over Asking Price26 Homes
At Asking Price38 Homes
Under Asking Price74 Homes
If you're buying a home in Broken Arrow, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 138 homes were sold or pending in Broken Arrow in December 2024, down by 16.4% month-over-month. Of the 138 sold homes, 54% were sold under asking, 28% were sold at asking, and and 19% were sold over asking.
Days on Market for Broken Arrow, OK
How long does it take to sell a home in Broken Arrow, OK?
Breakdown of Home Sale Times
Under 30 Days79 Homes
30 – 90 Days38 Homes
Over 90 Days21 Homes
Many homes in Broken Arrow are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 138 homes were sold in Broken Arrow; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
43 DaysThis YearDec 2024 | ||
32 Days1 year agoDec 2023 | +33.5 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Broken Arrow had an average listing age of 43 days in Dec 2024, up by 33.5% compared to the previous year.
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Newest Listings in Broken Arrow, OK
What homes are available in Broken Arrow, OK?
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MLS Disclaimers and Copyright
Based on information from MLS Technology Inc., and MLS of Oklahoma for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.