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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Canadian is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, East Canadian has remained a Seller's Market.

Key Takeaway

East Canadian is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Canadian, OK

How much do homes in East Canadian, OK cost?

Median Sold Price

$275,546

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$3,821(-1.4%)

Key Takeaway

Homes in East Canadian have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in East Canadian was $275,546 in December 2024, down 1.4% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $114.9K$140.9K
+22.6%
2 $165K$171.2K
+3.8%
3 $240K$244.9K
+2.1%
4 $334.4K$337K
+0.8%
5+ $432.6K$432.6K
0.0%

Summary: East Canadian housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.6%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tuttle
+11.1%
Yukon
-0.2%
Mustang
-1.0%
East Canadian
-1.4%

Housing Supply in East Canadian, OK

How many homes are available in East Canadian, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1,0651,046-1.8%

Summary: The East Canadian real estate market had 1,046 homes for sale in December 2024, a 1.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 912
+33.3%
3 547542
-0.9%
4 445428
-3.8%
5+ 6363
0.0%

Summary: The East Canadian housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
168188+11.9%

Asking Price vs. Sold Price

68 Homes Were Sold
Under Asking

97 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Canadian, expect to pay close to the asking price. 51.6% of homes here sold near the asking price last month.

Summary: A total of 188 homes were sold or pending in East Canadian in December 2024, up by 11.9% month-over-month. Of the 188 sold homes, 36% were sold under asking, 52% were sold at asking, and 12% were sold over asking.

Days on Market for East Canadian, OK

How long does it take to sell a home in East Canadian, OK?

Average Sale Time

Dec 2023Dec 2024CHANGE
50 Days52 Days+3.7%

Summary: Homes in East Canadian had an average of 52 days on market in Dec 2024, up by 3.7% compared to last year.

Breakdown of Home Sale Times

87 Homes Were Sold
Under 30 Days

74 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 188 homes were sold in East Canadian; 46% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

Newest Listings in East Canadian, OK

Nearby Markets to East Canadian, OK

What housing markets are near East Canadian, OK?