Is East Canadian, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Canadian has remained a Seller's Market.
Key Takeaway
East Canadian is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Canadian, OK
How much do homes in East Canadian, OK cost?
Median Sold Price
$277,994
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Canadian have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in East Canadian was $277,994 in April 2024, up 3.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224.9K | $123.7K | -45.0% |
| 2 Bedrooms | $156K | $165K | +5.8% |
| 3 Bedrooms | $238.1K | $244.2K | +2.5% |
| 4 Bedrooms | $332.4K | $337.5K | +1.5% |
| 5+ Bedrooms | $419.5K | $431K | +2.7% |
Summary: East Canadian housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in East Canadian, OK
How many homes are available in East Canadian, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,009 | 1,036 | +2.7% |
Summary: The East Canadian real estate market had 1,036 homes for sale in April 2024, a 2.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 503 | 517 | +2.8% |
| 4 Bedrooms | 447 | 455 | +1.8% |
| 5+ Bedrooms | 46 | 51 | +10.9% |
Summary: The East Canadian housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 237 | 227 | -4.2% |
Asking Price vs. Sold Price
85 Homes Were Sold
Under Asking
103 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Canadian, expect to pay close to the asking price. 45.4% of homes here sold near the asking price last month.
Summary: A total of 227 homes were sold or pending in East Canadian in April 2024, down by 4.2% month-over-month. Of the 227 sold homes, 37% were sold under asking, 45% were sold at asking, and 17% were sold over asking.
Days on Market for East Canadian, OK
How long does it take to sell a home in East Canadian, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 54 Days | +15.6% |
Summary: Homes in East Canadian had an average of 54 days on market in Apr 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
132 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
43 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Canadian are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 227 homes were sold in East Canadian; 58% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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