How’s The Market?
As this August 2023 Midtown Update will show, the local housing market is very competitive. Homes for sale in Midtown Tulsa receive several offers on average and go under contract in about 10 days. Many homes get multiple offers, some with waived contingencies. As of June 2023, the median sale price of a home in Midtown Tulsa was $290,000. The average home sells for about 3% below list price. Due to constrained inventory and higher interest rates, slightly fewer homes will sell in 2023 compared to 2022. But overall, sold prices have increased by about 4% in the past year.
Be informed about the latest real estate trends in Midtown Tulsa, OK with this August 2023 Midtown Update. Discover up-to-date property prices and sales activity for this vibrant Tulsa community.
Data points show the past 30 days of activity using data from MLS Technology, Inc., the multiple listing service of the Greater Tulsa Association of Realtors®.
Midtown Tulsa, OK
Nestled in the heart of the city, Midtown Tulsa offers a unique blend of history, charm, and modern amenities. Known for its tree-lined streets, traditional architecture, and friendly neighborhoods, this area is ideal for anyone seeking the perfect place to call home. Lovers of history treasure historic neighborhoods like Swan Lake, Terwilleger Heights, and Kendall-Whittier. Other residents choose the bustling Brookside area or the spacious ranch-style homes in Ranch Acres.
Midtown stands as a testament to the rich tapestry of diversity that defines the vibrant city of Tulsa. With its eclectic mix of neighborhoods, cultural landmarks, and diverse population, Midtown Tulsa is a microcosm of unity in a world of differences. The fabric of Midtown’s diversity is woven from various threads, each representing a unique cultural heritage, socioeconomic background, and way of life. Whatever type of home and neighborhood you prefer, the Midtown Tulsa area welcomes people from all walks of life.
