What's Happening in Broken Arrow, OK

📈 Median Prices & Trends

• Overall median home values in Broken Arrow currently sit around $285K–$298K:

  • Zillow reports ~$284,893 in June 2025 (↑2.3% YoY) Houzeo+11Zillow+11Rocket+11.

  • Rocket data for June 2025 shows a median sold price of $298,900 (↑1.7% YoY) Rocket+1Rocket+1.

These medians fall squarely within the $150K–$350K range, indicating that the majority of sales are in that segment.

📊 Inventory & Market Activity

• Total active inventory (June 2025): ~958 homes for sale—a ~2% monthly decrease Rocket+1Rocket+1.

• June 2025 sales/pending: 179 homes sold or pending, down ~30% from May Realtor+10Rocket+10Rocket+10.

⏱ Median Days to Pending / Sold

• Zillow: 15 days to pending Zillow+1Zillow+1.

• Redfin: median days on market ≈ 25 days for May 2025 Houzeo.

• Rocket: ~24 days to pending Zillow+1Zillow+1.

• Roughly 64% of homes sell within 30 days, though average listing time rose to 39 days (up 18% YoY) Zillow+7Rocket+7Rocket+7.

💸 Sale-to-List & Pricing Dynamics

• Sale-to-list ratio:

  • Redfin reports ~99% (homes selling very close to list) Zillow+4Realtor+4Realtor+4Redfin+2Redfin+2Redfin+2.

  • Zillow/Rocket show ~0.999–0.996 ratio Zillow+5Zillow+5Zillow+5.

• Under-asking sales: ~49% sold below list price; ~26–27% sold above list Rocket.

🛏 Bedroom-Level Median Prices

(From Rocket June 2025) RocketRocket:

• 3 BR homes ($260K) and 4 BR homes ($360K) capture the core middle of the $150K–$350K range.

• 2 BR homes (~$183K) are entry-level, still in range.

• The 4 BR median is just above $350K; many are still in-range depending on lot/features.

🏘 Focused ZIP 74012 (Central Broken Arrow)

(Zillow June 2025) Rocket+1Rocket+1Realtor+6Zillow+6Rocket+6RealtorRealtor+2Redfin+2Realtor+2:

• Median home value: $264K (↑1.9% YoY)

• Inventory: 256 listings, 103 new in month

• Median sale-to-list ~0.999

• Days to pending: 12 days

• 30.7% of sales above list, 46.1% below

• Median sold price: ~$257,667 (May 2025)

(Redfin June 2025) Rocket+4Zillow+4Zillow+4:

• Median sale price: $279K (↑5.3% YoY)

• Days on market: ~20 days; ~275 sales (↑21.7%)

✅ Summary: August 2025 Outlook for Broken Arrow ($150–$350K)

• Median sale prices center around $275K–$300K, hitting the heart of this budget range.

• Inventory ~900–1,000 homes; ~250 centrally in 74012.

• Days on market: ~12–25 days depending on neighborhood.

• Sale-to-list ratio ~99%, with nearly equal chances of selling just below or slightly above the list.

• Bedroom breakdown: Ideal opportunities in the 2–4 bedroom bracket—spreads from $183K to $360K.

🎯 Recommendations

• Best bets: 2–3 BR homes priced $180K–$300K move quickly; 4 BR close to ceiling—watch comps.

• Buyers: Prepare for ~2 weeks to contract; almost half of homes negotiate below list.

• Sellers: Price near market ($98–100% of comps); highlight features to move within ~3 weeks.