What money can buy: A peek into Tulsa’s real estate market | Home

Tulsa’s residential real estate is rich with myriad styles, sizes and prices.

“Our homes here tell a story,” says Dustin Thames, a Realtor for 15 years and owner of OwnTulsa Real Estate. “There are great homes at every price point, and each hail from a different architectural style — this creates many style opportunities for homeowners both design-wise and functionally. All homes can be modified to the way we live today while still paying homage to what makes those homes unique. One of my favorite things about the variety of Tulsa’s real estate is that as a homeowner’s taste evolves and grows, so does the availability and opportunities for purchasing homes.”

Those looking to purchase — whether you’re a first-time homebuyer, scaling up or downsizing — should know properties are scarce, according to Thames. He says inventory is at historic lows, but looks optimistically to spring. 

“Buyers need to be creative to delineate themselves from their competition,” he says. “Waive as many contingencies as possible. Sellers still need their homes to appraise. Pricing right is the key to everything. Hire a professional who understands pricing.”

The median home sale price is $240,000 in Tulsa, according to data from the Greater Tulsa Association of Realtors. In 2021, a property was on the market an average of 24 days. In 2020, properties were on the market an average of 33 days and 41 the year before.

Located just one block from LaFortune Park, this home boasts a primary suite on the first floor, three upstairs bedrooms and a fully remodeled kitchen. The home, built in 1962, has three living rooms and an extensive deck for entertaining.

With three bedrooms and two full baths, this modern Tudor home has all new HVAC, electrical, plumbing and windows. The home is located in the Renaissance Neighborhood near entertainment, dining, shopping and the University of Tulsa.

A remodeled three-story home in historic Swan Lake neighborhood boasts three bedrooms, three-and-a-half baths, a sun room and a detached garage with living quarters. The 1925 home sits on a professionally landscaped corner lot.

No amenity is overlooked in this home with four bedrooms, three full baths, a single half bath and two living areas. Other highlights include a gated drive, an outdoor living area, and garage living quarters with a kitchenette and full bath.