In spite of the COVID-19 pandemic, the Tulsa housing market is hotter than ever before, according to Forbes.
Out of 100 metro areas analyzed, Tulsa’s housing market has experienced the greatest increase in home prices over the last two years. Median Tulsa home prices have increased 33% from $219,833 in September 2018 to $292,300 in September 2020.
Meanwhile, Tulsa’s available inventory has shrunk from 4,400 homes for sale to 1,863 during that same time period. In addition, while the average number of days on the market was 36 in Sept. 2018, that number has shrunk to just 11 two years later.
– Andrew Aston, Jones PR