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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

East Canadian 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 East Canadian, OK

How much do homes in East Canadian, OK cost?

Median Sold Price

$275,142

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,633(-1.7%)

Key Takeaway

Homes in East Canadian have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in East Canadian was $275,142 in November 2024, down 1.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $169.9K$140.9K
-17.1%
2 $165K$170K
+3.0%
3 $240K$244.2K
+1.8%
4 $334.8K$335.2K
0.1%
5+ $433.2K$428.5K
-1.1%

Summary: East Canadian housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Cities

Tuttle
+16.5%
Yukon
-0.3%
Mustang
-0.7%
East Canadian
-1.7%

Housing Supply in East Canadian, OK

How many homes are available in East Canadian, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,0891,081-0.7%

Summary: The East Canadian real estate market had 1,081 homes for sale in November 2024, a 0.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 119
-18.2%
3 545540
-0.9%
4 473462
-2.3%
5+ 5969
+16.9%

Summary: The East Canadian 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 18.2%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 16.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
239158-33.9%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

73 Homes Were Sold
At Asking

27 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. 46.2% of homes here sold near the asking price last month.

Summary: A total of 158 homes were sold or pending in East Canadian in November 2024, down by 33.9% month-over-month. Of the 158 sold homes, 37% were sold under asking, 46% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
40 Days43 Days+8.7%

Summary: Homes in East Canadian had an average of 43 days on market in Nov 2024, up by 8.7% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

56 Homes Were Sold
In 30 - 90 Days

19 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 November 2024, 158 homes were sold in East Canadian; 53% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% 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 East Canadian, OK

Nearby Markets to East Canadian, OK

What housing markets are near East Canadian, OK?