How's the market in your area?

Tulsa, OK

Single-Family Homes

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



Tulsa, OK

Tue May 18 2021
This week the median list price for Tulsa, OK is $382,500 with the market action index hovering around 68. This is an increase over last month's market action index of 60. Inventory has decreased to 418. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Tulsa, OK

Tue May 18 2021
This week the median list price for Tulsa, OK is $382,500 with the market action index hovering around 68. This is an increase over last month's market action index of 60. Inventory has decreased to 418. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Tulsa market.
Median List Price $382,500
Median Price of New Listings $234,950
Per Square Foot $138
Average Days on Market 85
Median Days on Market 21
Price Decreased 24%
Price Increased 5%
Relisted 6%
Inventory 418
Median Rent $1,250
Market Action 68
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,069,950 5,342 0.5 - 1 acre 4 4 22 10 22 56
$524,250 3,395 0.25 - 0.5 acre 4 3 23 18 24 42
$284,000 2,192 0.25 - 0.5 acre 3 2 57 45 55 14
$115,000 1,192 6,500 - 8,000 sqft 3 1 68 47 61 7