Is Blanchard, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Blanchard was a Seller's Market.
Housing Prices in Blanchard, OK
How much do homes in Blanchard, OK cost?
Median Sold Price
$332,500
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Blanchard was $332,500 in March 2024, up 10.1% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $182K | -8.5% |
2 Bedrooms | $142.5K | $131K | -8.1% |
3 Bedrooms | $280K | $286.3K | +2.3% |
4 Bedrooms | $350K | $365.7K | +4.5% |
5+ Bedrooms | $422K | $488.4K | +15.7% |
Summary: Blanchard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Cities
Blanchard | $302K | $332.5K | +10.1% |
Blanchard | $310K | $334.9K | +8.0% |
Newcastle-Blanchard | $278.7K | $294K | +5.5% |
Housing Supply in Blanchard, OK
How many homes are available in Blanchard, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
157 | 168 | +7.0% |
Summary: The Blanchard real estate market had 168 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 75 | 85 | +13.3% |
4 Bedrooms | 66 | 60 | -9.1% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Blanchard housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 26 | +30.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Blanchard in March 2024, up by 30.0% month-over-month. Of the 26 sold homes, 31% were sold under asking, 58% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 84 Days | +92.2% |
Summary: Homes in Blanchard had an average of 84 days on market in Mar 2024, up by 92.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Blanchard; 35% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.