Is Canadian County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Canadian County has remained a Seller's Market.
Housing Prices in Canadian County, OK
How much do homes in Canadian County, OK cost?
Median Sold Price
$272,132
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Canadian County was $272,132 in May 2024, up 1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $224.9K | $60K | -73.3% |
2 Bedrooms | $139.5K | $150.9K | +8.2% |
3 Bedrooms | $238.3K | $240K | +0.7% |
4 Bedrooms | $327.5K | $329.9K | +0.7% |
5+ Bedrooms | $412.7K | $420K | +1.8% |
Summary: Canadian County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 73.3%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Counties
Grady County | $174.9K | $195.1K | +11.6% |
Caddo County | $120K | $130K | +8.3% |
Oklahoma County | $250K | $254.6K | +1.9% |
Canadian County | $269.5K | $272.1K | +1.0% |
Kingfisher County | $242.5K | $245K | +1.0% |
Housing Supply in Canadian County, OK
How many homes are available in Canadian County, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,127 | 1,200 | +6.5% |
Summary: The Canadian County real estate market had 1,200 homes for sale in May 2024, a 6.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 580 | 611 | +5.3% |
4 Bedrooms | 458 | 495 | +8.1% |
5+ Bedrooms | 60 | 65 | +8.3% |
Summary: The Canadian County housing inventory by bedroom type for May 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 5.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
251 | 269 | +7.2% |
Asking Price vs. Sold Price
80 Homes Were Sold
Under Asking
137 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 269 homes were sold or pending in Canadian County in May 2024, up by 7.2% month-over-month. Of the 269 sold homes, 30% were sold under asking, 51% were sold at asking, and 19% were sold over asking.
Days on Market for Canadian County, OK
How long does it take to sell a home in Canadian County, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 46 Days | +24.2% |
Summary: Homes in Canadian County had an average of 46 days on market in May 2024, up by 24.2% compared to last year.
Breakdown of Home Sale Times
159 Homes Were Sold
Under 30 Days
67 Homes Were Sold
In 30 - 90 Days
43 Homes Were Sold
Over 90 Days
Summary: During May 2024, 269 homes were sold in Canadian County; 59% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.