Is Canadian, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canadian is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Canadian has remained a Buyer's Market.

Key Takeaway

Canadian is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Canadian, OK

How much do homes in Canadian, OK cost?

Median Sold Price

$435,000

$241/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$135,100(+45.0%)

Key Takeaway

Homes in Canadian have sold for 45% more than they did a month ago.

Summary: The median home sold price in Canadian was $435,000 in August 2024, up 45% from last month, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $299.9K$435K
+45.0%
4 --
N/A
5+ --
N/A

Summary: Canadian housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 45%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Canadian, OK

How many homes are available in Canadian, OK?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1213+8.3%

Summary: The Canadian real estate market had 13 homes for sale in August 2024, a 8.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 23
+50.0%
2 33
0.0%
3 76
-14.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The Canadian housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canadian, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Canadian in August 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Canadian, OK

How long does it take to sell a home in Canadian, OK?

Average Sale Time

Jul 2024Aug 2024CHANGE
5 Days145 Days+2800.0%

Summary: Homes in Canadian had an average of 145 days on market in Aug 2024, up by 2800% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Canadian are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During August 2024, 1 homes were sold in Canadian; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Canadian, OK

Nearby Markets to Canadian, OK

What housing markets are near Canadian, OK?