How's the market in your area?

Tulsa, OK

Single-Family Homes

McGraw Realtors - Since 1938 - https://www.mcgrawrealtors.com



Tulsa, OK

Sun May 29 2022
This week the median list price for Tulsa, OK is $300,000 with the market action index hovering around 82. This is less than last month's market action index of 83. Inventory has increased to 378. 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.

Strong Seller's Market

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

Sun May 29 2022
This week the median list price for Tulsa, OK is $300,000 with the market action index hovering around 82. This is less than last month's market action index of 83. Inventory has increased to 378. 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.

Strong Seller's Market

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 $259,000
Per Square Foot $148
Average Days on Market 51
Median Days on Market 14
Price Decreased 25%
Price Increased 6%
Relisted 5%
Inventory 378
Median Rent
Market Action 82
Strong Seller's Market

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
$794,000 4,380 0.25 - 0.5 acre 4 4.3 21 21 17 21
$408,000 2,629 8,000 - 10,000 sqft 3 2.5 43 20 21 24
$239,900 1,641 8,000 - 10,000 sqft 3 2 62 44 53 7
$125,000 1,050 6,500 - 8,000 sqft 3 1 72 24 33 14