Is North Tulsa, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Tulsa has remained a Seller's Market.
Key Takeaway
North Tulsa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Tulsa, OK
How much do homes in North Tulsa, OK cost?
Median Sold Price
$278,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Tulsa have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in North Tulsa was $278,000 in May 2024, down 2.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.5K | $35K | -57.6% |
| 2 Bedrooms | $110K | $147.5K | +34.1% |
| 3 Bedrooms | $245K | $246K | 0.4% |
| 4 Bedrooms | $365K | $356K | -2.5% |
| 5+ Bedrooms | $435K | $415K | -4.6% |
Summary: North Tulsa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes increased by 34.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Skiatook | $245K | $280K | +14.3% |
| North Tulsa | $285K | $278K | -2.5% |
| Collinsville | $277.1K | $270K | -2.6% |
| Oologah-Talala | $305K | $287K | -5.9% |
| Ochelata-Ramona | $305K | $270K | -11.5% |
Housing Supply in North Tulsa, OK
How many homes are available in North Tulsa, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 106 | 94 | -11.3% |
Summary: The North Tulsa real estate market had 94 homes for sale in May 2024, a 11.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 57 | 44 | -22.8% |
| 4 Bedrooms | 42 | 44 | +4.8% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The North Tulsa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 22.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Tulsa, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in North Tulsa in May 2024, down by 3.8% month-over-month. Of the 25 sold homes, 52% were sold under asking, 28% were sold at asking, and 20% were sold over asking.
Days on Market for North Tulsa, OK
How long does it take to sell a home in North Tulsa, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 27 Days | -24.4% |
Summary: Homes in North Tulsa had an average of 27 days on market in May 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Tulsa are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in North Tulsa; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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