Is Bixby, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bixby has remained a Seller's Market.
Key Takeaway
Bixby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bixby, OK
How much do homes in Bixby, OK cost?
Median Sold Price
$379,985
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bixby have sold for 7% more than they did a year ago.
Summary: The median home sold price in Bixby was $379,985 in April 2024, up 7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $136K | $165K | +21.3% |
| 3 Bedrooms | $263.3K | $300.1K | +14.0% |
| 4 Bedrooms | $410K | $426.5K | +4.0% |
| 5+ Bedrooms | $550K | $531K | -3.4% |
Summary: Bixby housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Glenpool | $250K | $271.9K | +8.8% |
| Bixby | $355K | $379.9K | +7.0% |
| Broken Arrow | $272.8K | $289.9K | +6.3% |
| Jenks | $378.7K | $393K | +3.8% |
| South Tulsa | $302.7K | $309.9K | +2.4% |
Housing Supply in Bixby, OK
How many homes are available in Bixby, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 325 | 313 | -3.7% |
Summary: The Bixby real estate market had 313 homes for sale in April 2024, a 3.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 100 | 98 | -2.0% |
| 4 Bedrooms | 188 | 173 | -8.0% |
| 5+ Bedrooms | 34 | 39 | +14.7% |
Summary: The Bixby housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 14.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 61 | -9.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bixby, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Bixby in April 2024, down by 9.0% month-over-month. Of the 61 sold homes, 43% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for Bixby, OK
How long does it take to sell a home in Bixby, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 56 Days | 58 Days | +4.1% |
Summary: Homes in Bixby had an average of 58 days on market in Apr 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bixby are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 61 homes were sold in Bixby; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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