Broken Arrow, OK Home Values & Market Trends

Real estate market trends reflect that there have been 2,762 transactions over the past year in Broken Arrow. The median value for residential home transactions that occurred over the previous year is $237,810.92. The number of current listings in Broken Arrow is 249, and the percentage of properties for sale in the city is 249.00%. Broken Arrow, OK currently has 76 properties in foreclosure, 3 bank owned properties, 21 properties headed for auction, and 249 properties for sale.

Broken Arrow, OK Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
74012

$ 242,277

$ 132/sqft

74011

$ 302,223

$ 145/sqft

74012

$ 242,277

$ 132/sqft

74014

$ 285,518

$ 136/sqft

74011

$ 302,223

$ 145/sqft

74014

$ 285,518

$ 136/sqft

Housing Market Summary for Broken Arrow, OK

Mar 2023February 2024Change
Median Listing Price$310K$245.1K-20.93%
Median Sold Price$260K$245.1K-5.74%
Homes For Sale19823418.18%
Homes Sold1,3671,54713.17%
Price
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Homes For Sale
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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%.

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Browse Homes in Broken Arrow, OK

Broken Arrow home values range from $19,591 to $3,191,149. The median estimated value of a home in Broken Arrow is $237,810.92. The median list price of a home is 310,000, and the total count of properties in the city is 48,976.

Foreclosure
There are 6 zips within Broken Arrow, OK; within these zips, the median estimated home value for homes in foreclosure ranges from $349,920 in 74012 to the lowest value of $102,109 in 74012. Foreclosure homes account for 0.00% of properties in Broken Arrow, OK with 74012 containing 39 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.11% of all residential properties in Broken Arrow, OK with 74012 containing 28 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 $393,126 in 74011 to the lowest home value of $102,109 in 74012.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Broken Arrow, OK ranges from the highest value of $349,920 in 74014 to the lowest value of $269,872 in 74014. 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.
  • Auctions
    74012 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 $428,992 in 74014 to the lowest value of $125,000 in 74014.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.51% of residential properties in Broken Arrow, OK with 74012 containing 98 homes for sale, the highest number of listed properties in a single zip. There are 6 zips within Broken Arrow, OK; homes for sale in those zips, have a range of median values from $775,000 in 74012 to the lowest value of $56,441 in 74011.
    Sold Homes
    The median value for recently sold homes ranges from $1,517,295 in 74012 to the lowest price of $22,575 in 74012. There are 6 zips within Broken Arrow, OK. 74012 has 603 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.06% of properties in Broken Arrow, OK.

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      Guide for Broken Arrow, OK

      Market Reports
      Overview of Real Estate Trends in Oklahoma City – Feb 2024
      Market Reports
      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Foreclosure
      Oklahoma Foreclosure Laws
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      See More Articles
      Overview of Real Estate Trends in Oklahoma City – Feb 2024
      Market Reports|posted 29 February 2024

      Oklahoma City real estate showcases strong growth, with rising property values, stable transactions, and a robust market.

      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Market Reports|posted 16 February 2024

      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.

      Oklahoma Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Oklahoma Foreclosure Laws

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.