Is Canadian County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
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.
Housing Prices in Canadian County, OK
How much do homes in Canadian County, OK cost?
Median Sold Price
$271,839
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Canadian County have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Canadian County was $271,839 in March 2024, up 2.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.9K | $60K | -64.7% |
| 2 Bedrooms | $138.5K | $150K | +8.3% |
| 3 Bedrooms | $235K | $239.9K | +2.1% |
| 4 Bedrooms | $329.6K | $334.2K | +1.4% |
| 5+ Bedrooms | $412.7K | $420K | +1.8% |
Summary: Canadian County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Counties
| Caddo County | $115K | $127.4K | +10.8% |
| Oklahoma County | $245K | $253.9K | +3.6% |
| Kingfisher County | $229.5K | $237.4K | +3.5% |
| Canadian County | $264.9K | $271.8K | +2.6% |
| Grady County | $175.4K | $180K | +2.6% |
Housing Supply in Canadian County, OK
How many homes are available in Canadian County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,021 | 1,075 | +5.3% |
Summary: The Canadian County real estate market had 1,075 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 21 | -8.7% |
| 3 Bedrooms | 516 | 516 | 0.0% |
| 4 Bedrooms | 429 | 477 | +11.2% |
| 5+ Bedrooms | 52 | 60 | +15.4% |
Summary: The Canadian County 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 decreased by 8.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 190 | 241 | +26.8% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
112 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canadian County, expect to pay close to the asking price. 46.5% of homes here sold near the asking price last month.
Summary: A total of 241 homes were sold or pending in Canadian County in March 2024, up by 26.8% month-over-month. Of the 241 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for Canadian County, OK
How long does it take to sell a home in Canadian County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 57 Days | +19.4% |
Summary: Homes in Canadian County had an average of 57 days on market in Mar 2024, up by 19.4% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
69 Homes Were Sold
In 30 - 90 Days
51 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canadian County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 241 homes were sold in Canadian County; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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