REAL-TIME MARKET NUMBERS

Tulsa, OK

Single-Family Homes

Powered by Altos Research https://AltosResearch.com/



Tulsa, OK

Tue Jul 16 2024
This week the median list price for Tulsa, OK is $300,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 895. Click here to stay informed with the Tulsa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tulsa, OK

Tue Jul 16 2024
This week the median list price for Tulsa, OK is $300,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 895. Click here to stay informed with the Tulsa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tulsa market.
Median List Price $300,000
Median Price of New Listings $260,000
Per Square Foot $154
Average Days on Market 93
Median Days on Market 49
Price Decreased 53%
Price Increased 3%
Relisted 8%
Inventory 895
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$725,000 3,833 0.25 - 0.5 acre 4 3.5 23 16 10 77
$385,000 2,346 8,000 - 10,000 sqft 4 2.5 45 21 29 63
$250,000 1,615 8,000 - 10,000 sqft 3 2 62 30 20 35
$137,000 1,076 6,500 - 8,000 sqft 3 1 71 28 30 42