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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McClain County is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

McClain 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 McClain County, OK

How much do homes in McClain County, OK cost?

Median Sold Price

$292,947

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,809(-2.3%)

Key Takeaway

Homes in McClain County have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in McClain County was $292,947 in November 2024, down 2.3% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $212K$162.5K
-23.3%
2 $156K$151K
-3.2%
3 $265.3K$270.4K
+1.9%
4 $360K$369K
+2.5%
5+ $488.4K$459.3K
-6.0%

Summary: McClain County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 6%.

Median Sold Price Compared To Nearby Counties

Grady County
+16.9%
Pottawatomie County
+2.8%
Cleveland County
+2.0%
Garvin County
-2.0%
McClain County
-2.3%

Housing Supply in McClain County, OK

How many homes are available in McClain County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
395421+6.6%

Summary: The McClain County real estate market had 421 homes for sale in November 2024, a 6.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 02
+100.0%
2 1922
+15.8%
3 239237
-0.8%
4 115134
+16.5%
5+ 2226
+18.2%

Summary: The McClain County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4962+26.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McClain County, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in McClain County in November 2024, up by 26.5% month-over-month. Of the 62 sold homes, 45% were sold under asking, 35% were sold at asking, and 19% were sold over asking.

Days on Market for McClain County, OK

How long does it take to sell a home in McClain County, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
56 Days56 Days-0.0%

Summary: Homes in McClain County had an average of 56 days on market in Nov 2024, down by 0% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 62 homes were sold in McClain County; 48% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 19% 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 21 Days Ago

Newest Listings in McClain County, OK

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What housing markets are near McClain County, OK?