$5,461 Closing Credit*
$459,900
2,674 SqFt
4 Beds
•3 Full Baths
Johnathan Lee, Listing Office: Capital Real Estate LLC
Is Newcastle-Blanchard, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Newcastle-Blanchard was a Seller's Market.
Key Takeaway
Newcastle-Blanchard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Newcastle-Blanchard, OK
How much do homes in Newcastle-Blanchard, OK cost?
Median Sold Price
$299,556
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,958(+1.7%)
Key Takeaway
Homes in Newcastle-Blanchard have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Newcastle-Blanchard was $299,556 in November 2024, up 1.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $169.5K | -13.1% |
| 2 Bedrooms | $172K | $187.5K | +9.0% |
| 3 Bedrooms | $265K | $273.4K | +3.2% |
| 4 Bedrooms | $356.2K | $364.7K | +2.4% |
| 5+ Bedrooms | $487.5K | $418.9K | -14.1% |
Summary: Newcastle-Blanchard housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 14.1%.
Housing Supply in Newcastle-Blanchard, OK
How many homes are available in Newcastle-Blanchard, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 186 | 191 | +2.7% |
Summary: The Newcastle-Blanchard real estate market had 191 homes for sale in November 2024, a 2.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 103 | 99 | -3.9% |
| 4 Bedrooms | 67 | 73 | +9.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Newcastle-Blanchard 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 increased by 40%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newcastle-Blanchard, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Newcastle-Blanchard in November 2024, the same as the previous month. Of the 24 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.
Days on Market for Newcastle-Blanchard, OK
How long does it take to sell a home in Newcastle-Blanchard, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 71 Days | +29.1% |
Summary: Homes in Newcastle-Blanchard had an average of 71 days on market in Nov 2024, up by 29.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Newcastle-Blanchard are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in Newcastle-Blanchard; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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