Is McClain County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$297,050
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in McClain County have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in McClain County was $297,050 in June 2024, up 3.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $195.5K | -1.8% |
| 2 Bedrooms | $149K | $155K | +4.0% |
| 3 Bedrooms | $260K | $265K | +1.9% |
| 4 Bedrooms | $357.5K | $375K | +4.9% |
| 5+ Bedrooms | $485K | $499.9K | +3.1% |
Summary: McClain County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Counties
| Grady County | $172K | $201K | +16.9% |
| Pottawatomie County | $184.9K | $204.5K | +10.6% |
| Garvin County | $169.1K | $183K | +8.2% |
| McClain County | $286.1K | $297K | +3.8% |
| Cleveland County | $249.9K | $250K | 0.0% |
Housing Supply in McClain County, OK
How many homes are available in McClain County, OK?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 380 | 406 | +6.8% |
Summary: The McClain County real estate market had 406 homes for sale in June 2024, a 6.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 199 | 217 | +9.0% |
| 4 Bedrooms | 139 | 143 | +2.9% |
| 5+ Bedrooms | 26 | 31 | +19.2% |
Summary: The McClain County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 19.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 73 | 58 | -20.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McClain County, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in McClain County in June 2024, down by 20.5% month-over-month. Of the 58 sold homes, 47% were sold under asking, 40% were sold at asking, and 14% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 44 Days | 42 Days | -4.3% |
Summary: Homes in McClain County had an average of 42 days on market in Jun 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
8 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 June 2024, 58 homes were sold in McClain County; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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