Broken Arrow, OK Home Values & Market Trends
Real estate market trends reflect that there have been 2,642 transactions over the past year in Broken Arrow. The median value for residential home transactions that occurred over the previous year is $244,428.3. The number of current listings in Broken Arrow is 275, and the percentage of properties for sale in the city is 275.00%. Broken Arrow, OK currently has 82 properties in foreclosure, 4 bank owned properties, 22 properties headed for auction, and 275 properties for sale.
Broken Arrow, OK Real Estate Market Overview
Housing Market Summary for Broken Arrow, OK
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $251.6K | -16.11% |
| Median Sold Price | $264.3K | $251.6K | -4.81% |
| Homes For Sale | 240 | 260 | 8.33% |
| Homes Sold | 1,383 | 1,465 | 5.93% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Broken Arrow, OK
Browse Homes in Broken Arrow, OK
Broken Arrow home values range from $19,537 to $4,650,000. The median estimated value of a home in Broken Arrow is $244,428.3. The median list price of a home is 319,900, and the total count of properties in the city is 48,976.
- Pre-ForeclosurePre-foreclosure homes account for 0.11% of all residential properties in Broken Arrow, OK with 74012 containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Broken Arrow, OK; of those zips, the estimated home value for pre-foreclosure homes ranges from $404,634 in 74012 to the lowest home value of $116,129 in 74011.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Broken Arrow, OK ranges from the highest value of $293,040 in 74014 to the lowest value of $226,239 in 74012. Bank owned homes and properties account for 0.01% of properties in Broken Arrow, OK. There are 6 zips within Broken Arrow, OK; 74014 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions74012 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Broken Arrow, OK. Auction homes and other auction properties account for 0.04% of all properties in Broken Arrow, OK. There are 6 zips within Broken Arrow, OK; of those zips, the median estimated home value for homes going to auction ranges from $349,000 in 74014 to the lowest value of $113,927 in 74014.
Compare Nearby Cities
More Real Estate Resources for Broken Arrow, OK
Guide for Broken Arrow, OK
Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.
Oklahoma City real estate showcases strong growth, with rising property values, stable transactions, and a robust market.
The Tulsa real estate market showcases modest fluctuations in property values, with notable seasonal influences. Sold price per square foot remains fairly stable, and neighboring cities generally exhibit higher property values. While factors like economic conditions and local developments play a role, understanding this market requires deeper investigation.
