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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

McClain County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in McClain County, OK

How much do homes in McClain County, OK cost?

Median Sold Price

$293,740

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,210(-1.7%)

Key Takeaway

Homes in McClain County have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in McClain County was $293,740 in October 2024, down 1.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $212K$162.5K
-23.3%
2 $140.5K$152K
+8.2%
3 $265K$270K
+1.9%
4 $369.9K$367K
-0.8%
5+ $490K$493.9K
+0.8%

Summary: McClain County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Counties

Grady County
+15.4%
Pottawatomie County
+5.2%
Cleveland County
+2.1%
McClain County
-1.7%
Garvin County
-2.8%

Housing Supply in McClain County, OK

How many homes are available in McClain County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
409424+3.7%

Summary: The McClain County real estate market had 424 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 30
-100.0%
2 1920
+5.3%
3 238241
+1.3%
4 124135
+8.9%
5+ 2528
+12.0%

Summary: The McClain County 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 5.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 12%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8246-43.9%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

13 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. 45.7% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in McClain County in October 2024, down by 43.9% month-over-month. Of the 46 sold homes, 46% were sold under asking, 28% were sold at asking, and 26% 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

Oct 2023Oct 2024CHANGE
65 Days64 Days-1.4%

Summary: Homes in McClain County had an average of 64 days on market in Oct 2024, down by 1.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

10 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 October 2024, 46 homes were sold in McClain County; 48% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 22% 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 20 Days Ago

Newest Listings in McClain County, OK

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