Is McClain County, 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, McClain County was a Seller's Market.
Key Takeaway
McClain County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in McClain County, OK
How much do homes in McClain County, OK cost?
Median Sold Price
$302,717
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in McClain County have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in McClain County was $302,717 in March 2024, up 8.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $195.5K | -1.8% |
| 2 Bedrooms | $142.5K | $156K | +9.5% |
| 3 Bedrooms | $258.4K | $266.9K | +3.3% |
| 4 Bedrooms | $341.6K | $370K | +8.3% |
| 5+ Bedrooms | $433.7K | $489K | +12.7% |
Summary: McClain County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Counties
| Garvin County | $153.3K | $189K | +23.3% |
| Pottawatomie County | $179K | $198.7K | +11.0% |
| McClain County | $279K | $302.7K | +8.5% |
| Grady County | $175.4K | $180K | +2.6% |
| Cleveland County | $245.1K | $250.3K | +2.1% |
Housing Supply in McClain County, OK
How many homes are available in McClain County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 330 | 365 | +10.6% |
Summary: The McClain County real estate market had 365 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 18 | 23 | +27.8% |
| 3 Bedrooms | 158 | 182 | +15.2% |
| 4 Bedrooms | 130 | 132 | +1.5% |
| 5+ Bedrooms | 21 | 26 | +23.8% |
Summary: The McClain County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 23.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 55 | +27.9% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McClain County, expect to pay close to the asking price. 43.6% of homes here sold near the asking price last month.
Summary: A total of 55 homes were sold or pending in McClain County in March 2024, up by 27.9% month-over-month. Of the 55 sold homes, 40% were sold under asking, 44% were sold at asking, and 16% were sold over asking.
Days on Market for McClain County, OK
How long does it take to sell a home in McClain County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 44 Days | 65 Days | +48.0% |
Summary: Homes in McClain County had an average of 65 days on market in Mar 2024, up by 48% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McClain County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 55 homes were sold in McClain County; 38% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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