Is Broken Arrow, OK 74012 a buyer’s or seller’s market?

The Broken Arrow housing market right now

In the three months ending August 31, 2026, 18% of homes in Broken Arrow, OK 74012 sold above their list price, the typical home went under contract in 21 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 282 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (17 days then) and the median sale price rose 1% to $284,877. Overall, Broken Arrow is less competitive than a year ago, which gives buyers more room.

Within Tulsa County, homes here sell faster than in 52% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Broken Arrow ranks #25 of 172 OK ZIP codes with enough sales (score 58 out of 100).

Nearby, buyers who want less competition could look at Tulsa 74117 (0% sold over asking) or Tulsa 74116 (0% sold over asking), while Glenpool 74033 (35% sold over asking) and Tulsa 74129 (34% sold over asking) are even more competitive.