How’s The Market?
As this October 2023 Florence Park 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 quickly depending how updated they may be. 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.
October 2023 Florence Park Update
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 October 2023 Florence Park 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.
Unique to Florence Park are two actual parks within the boundaries: Pratt Park, where neighbors gather to grill and picnic, and Florence Park, where neighbors play tennis or bring the kids to play. Walking distance to the University of Tulsa, Florence Park is one of the more revered neighborhoods in midtown Tulsa. Neighbors still gather on their porches after gardening and visit with other neighbors strolling down the sidewalk.
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.