Is Newcastle-Blanchard, 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, Newcastle-Blanchard has remained a Seller's Market.
Housing Prices in Newcastle-Blanchard, OK
How much do homes in Newcastle-Blanchard, OK cost?
Median Sold Price
$293,634
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newcastle-Blanchard was $293,634 in April 2024, up 4.6% 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 | $195K | $165.5K | -15.1% |
2 Bedrooms | $125K | $178.5K | +42.8% |
3 Bedrooms | $264.9K | $269.8K | +1.9% |
4 Bedrooms | $334.9K | $360K | +7.5% |
5+ Bedrooms | $496.8K | $500K | +0.6% |
Summary: Newcastle-Blanchard housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 42.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in Newcastle-Blanchard, OK
How many homes are available in Newcastle-Blanchard, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
168 | 176 | +4.8% |
Summary: The Newcastle-Blanchard real estate market had 176 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 82 | 86 | +4.9% |
4 Bedrooms | 73 | 77 | +5.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Newcastle-Blanchard housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 38 | +8.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Newcastle-Blanchard in April 2024, up by 8.6% month-over-month. Of the 38 sold homes, 29% were sold under asking, 42% were sold at asking, and 29% were sold over asking.
Days on Market for Newcastle-Blanchard, OK
How long does it take to sell a home in Newcastle-Blanchard, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 25 Days | -26.4% |
Summary: Homes in Newcastle-Blanchard had an average of 25 days on market in Apr 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Newcastle-Blanchard; 68% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.