Is Canadian County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canadian County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Canadian County was a Seller's Market.

Key Takeaway

Canadian County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Canadian County, OK

How much do homes in Canadian County, OK cost?

Median Sold Price

$269,985

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$67(0%)

Key Takeaway

The sold price of homes in Canadian County has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $114.9K$140.9K
+22.6%
2 $143.7K$149.5K
+4.0%
3 $236.3K$240K
+1.5%
4 $326.2K$325.3K
-0.3%
5+ $425K$421K
-0.9%

Summary: Canadian County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Counties

Grady County
+16.9%
Kingfisher County
+13.0%
Oklahoma County
+2.5%
Canadian County
0%
Caddo County
-1.9%

Housing Supply in Canadian County, OK

How many homes are available in Canadian County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,1881,172-1.3%

Summary: The Canadian County real estate market had 1,172 homes for sale in November 2024, a 1.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2221
-4.5%
3 611598
-2.1%
4 482473
-1.9%
5+ 7279
+9.7%

Summary: The Canadian County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 9.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
261168-35.6%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

74 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canadian County, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.

Summary: A total of 168 homes were sold or pending in Canadian County in November 2024, down by 35.6% month-over-month. Of the 168 sold homes, 38% were sold under asking, 44% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
41 Days40 Days-2.4%

Summary: Homes in Canadian County had an average of 40 days on market in Nov 2024, down by 2.4% compared to last year.

Breakdown of Home Sale Times

90 Homes Were Sold
Under 30 Days

59 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canadian County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 168 homes were sold in Canadian County; 54% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Canadian County, OK

Nearby Markets to Canadian County, OK

What housing markets are near Canadian County, OK?