$2,007 Closing Credit*
$169,000
940 SqFt
2 Beds
•1 Full Bath
Shari Brunt, Listing Office: Always Real Estate
Is Blanchard, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Blanchard was a Seller's Market.
Key Takeaway
Blanchard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blanchard, OK
How much do homes in Blanchard, OK cost?
Median Sold Price
$319,141
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$833(-0.3%)
Key Takeaway
The sold price of homes in Blanchard has remained the same since last year.
Summary: The median home sold price in Blanchard was $319,141 in October 2024, down 0.3% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203.5K | $162.5K | -20.1% |
| 2 Bedrooms | $105.5K | $151K | +43.1% |
| 3 Bedrooms | $285.8K | $284.9K | -0.3% |
| 4 Bedrooms | $360K | $360K | 0.0% |
| 5+ Bedrooms | $439.9K | $487.9K | +10.9% |
Summary: Blanchard housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 43.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Blanchard | $319.9K | $319.1K | -0.3% |
| Newcastle-Blanchard | $294.9K | $294K | -0.3% |
| Blanchard | $328.3K | $319.2K | -2.8% |
Housing Supply in Blanchard, OK
How many homes are available in Blanchard, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 177 | 183 | +3.4% |
Summary: The Blanchard real estate market had 183 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 105 | 106 | +1.0% |
| 4 Bedrooms | 51 | 51 | 0.0% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Blanchard housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 25 | -37.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blanchard, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Blanchard in October 2024, down by 37.5% month-over-month. Of the 25 sold homes, 40% were sold under asking, 24% were sold at asking, and 36% were sold over asking.
Days on Market for Blanchard, OK
How long does it take to sell a home in Blanchard, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 59 Days | -11.2% |
Summary: Homes in Blanchard had an average of 59 days on market in Oct 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blanchard are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Blanchard; 44% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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