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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canadian County is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Canadian County has remained a Seller's Market.

Key Takeaway

Canadian County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Canadian County, OK cost?

Median Sold Price

$265,966

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$21,720(+8.9%)

Key Takeaway

Homes in Canadian County have sold for 8.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $76.5K$224.9K
+194.1%
2 $118K$139.5K
+18.2%
3 $215K$236.1K
+9.8%
4 $300K$328.3K
+9.4%
5+ $356K$412.7K
+15.9%

Median Sold Price Compared To Nearby Counties

Kingfisher County
+14.9%
Oklahoma County
+9.3%
Canadian County
+8.9%
Caddo County
+6.4%
Grady County
-8.1%

How many homes are available in Canadian County, OK?

Number of Homes For Sale

Apr 2023May 2023%
958992+3.5%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 11
0.0%
2 1517
+13.3%
3 467488
+4.5%
4 426432
+1.4%
5+ 4954
+10.2%

Number of Homes Sold

Apr 2023May 2023%
197269+36.5%

Asking Price vs. Sold Price

72 Homes Were Sold
Under Asking

130 Homes Were Sold
At Asking

67 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canadian County, expect to pay close to the asking price. 48.3% of homes here sold near the asking price last month.

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

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

Average Sale Time

May 2022May 2023%
8 Days36 Days+306.2%

Breakdown of Home Sale Times

187 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canadian County are selling fast, if you're buying plan to act quickly.

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

What housing markets are near Canadian County, OK?

About Canadian County, OK

There are 992 homes are for sale in Canadian County, OK real estate market. The number of listings in Canadian County, OK increased by 3.5% between April 2023 and May 2023. In May 2023, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $265,966. Real estate listing prices changed between April 2023 and May 2023: 1 bedroom properties became 194.1% more expensive, 2 bedrooms properties prices increased by 18.2%, 3 bedrooms properties prices increased by 9.8%, 4 bedrooms properties became 9.4% more expensive, prices of 5 bedrooms properties increased by 15.9%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 13.3%, the quantity of 3 bedrooms homes went up by 4.5%, 4 bedrooms homes inventory increased by 1.4%, number of 5 bedrooms homes increased by 10.2%. While more than 67 listings in Canadian County, OK in May 2023 were sold above asking price, there were more than 130 listings sold at asking price, and more than 72 were sold below.