Is McClain County, 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, McClain County has remained a Seller's Market.
Key Takeaway
McClain County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McClain County, OK
How much do homes in McClain County, OK cost?
Median Sold Price
$298,679
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in McClain County have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in McClain County was $298,679 in April 2024, up 5.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $195.5K | -1.8% |
| 2 Bedrooms | $137.5K | $152K | +10.5% |
| 3 Bedrooms | $259.9K | $267.5K | +2.9% |
| 4 Bedrooms | $345.1K | $365.1K | +5.8% |
| 5+ Bedrooms | $450K | $492K | +9.3% |
Summary: McClain County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Counties
| Garvin County | $156.2K | $185K | +18.4% |
| Pottawatomie County | $177.5K | $199.9K | +12.7% |
| Grady County | $173.8K | $189.5K | +9.0% |
| McClain County | $282.3K | $298.6K | +5.8% |
| Cleveland County | $247.7K | $250K | +0.9% |
Housing Supply in McClain County, OK
How many homes are available in McClain County, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 370 | 392 | +5.9% |
Summary: The McClain County real estate market had 392 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 22 | 21 | -4.5% |
| 3 Bedrooms | 193 | 215 | +11.4% |
| 4 Bedrooms | 128 | 132 | +3.1% |
| 5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The McClain County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 72 | +20.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
15 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. 40.3% of homes here sold below asking price last month.
Summary: A total of 72 homes were sold or pending in McClain County in April 2024, up by 20.0% month-over-month. Of the 72 sold homes, 40% were sold under asking, 39% were sold at asking, and 21% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 34 Days | -29.2% |
Summary: Homes in McClain County had an average of 34 days on market in Apr 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
4 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 April 2024, 72 homes were sold in McClain County; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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