Is Blanchard, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Blanchard has remained a Seller's Market.
Housing Prices in Blanchard, OK
How much do homes in Blanchard, OK cost?
Median Sold Price
$325,650
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Blanchard was $325,650 in April 2024, up 5.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $182K | -8.5% |
2 Bedrooms | $125K | $134.9K | +8.0% |
3 Bedrooms | $285K | $284.9K | 0% |
4 Bedrooms | $360K | $365K | +1.4% |
5+ Bedrooms | $424.9K | $492K | +15.8% |
Summary: Blanchard housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 8%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
Blanchard | $313.7K | $333.5K | +6.3% |
Blanchard | $308K | $325.6K | +5.7% |
Newcastle-Blanchard | $280.6K | $293.6K | +4.6% |
Housing Supply in Blanchard, OK
How many homes are available in Blanchard, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
164 | 179 | +9.1% |
Summary: The Blanchard real estate market had 179 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 90 | 100 | +11.1% |
4 Bedrooms | 56 | 60 | +7.1% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Blanchard housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 33 | +17.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Blanchard in April 2024, up by 17.9% month-over-month. Of the 33 sold homes, 36% were sold under asking, 52% were sold at asking, and 12% were sold over asking.
Days on Market for Blanchard, OK
How long does it take to sell a home in Blanchard, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 44 Days | -17.4% |
Summary: Homes in Blanchard had an average of 44 days on market in Apr 2024, down by 17.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in Blanchard; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.