Blanchard Housing Market Report February 2025McClain County, Oklahoma

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Housing Prices in Blanchard, OK

How much do homes in Blanchard, OK cost?

Housing Market Conditions

Is Blanchard, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Blanchard is a Buyer's Market

Difference Since February 2024

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$320,000$172/SqFt
-$11,166
-3.4%

Based on all homes sold in the last 12 months

Insight

Homes in Blanchard have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Blanchard was $320,000 in February 2025, down 3.4% from last year, and the median price per square foot was $172.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Newcastle
+11.3%
Newcastle-Blanchard
+6.5%
Blanchard
-3.0%
Blanchard
-3.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$152K$165K
+8.6%
2$131K$160K
+22.1%
3$280.5K$285.5K
+1.8%
4$364.4K$360K
-1.2%
5$434.4K$457.4K
+5.3%

Summary: Blanchard housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.6%. The home price for 2 bedroom homes increased by +22.1%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes decreased by -1.2%. The home price for 5 bedroom homes increased by +5.3%.

Housing supply in Blanchard, OK

How many homes are available in Blanchard, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
163Last MonthFeb 2025
1532 months agoJan 2025
+6.5 %
Change MoMJan – Feb

Summary: The Blanchard real estate market had 163 homes for sale in Feb 2025, a 6.5 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
18Last MonthFeb 2025
252 months agoJan 2025
-28.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
110
-100.0%
231
-66.7%
37880
+2.6%
45869
+19.0%
51313
0.0%

Summary: Blanchard housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes increased by +2.6%. The inventory for 4 bedroom homes increased by +19.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Blanchard, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price9 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Blanchard, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Blanchard in February 2025, down by 28.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 50% were sold at asking, and and 22% were sold over asking.

Days on Market for Blanchard, OK

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

Breakdown of Home Sale Times

Under 30 Days7 Homes

30 – 90 Days9 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in Blanchard has remained consistent over time.

Summary: During February 2025, 18 homes were sold in Blanchard; 39% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
52 DaysThis YearFeb 2025
44 Days1 year agoFeb 2024
+16.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Blanchard had an average listing age of 52 days in Feb 2025, up by 16.0% compared to the previous year.

Newest Listings in Blanchard, OK

What homes are available in Blanchard, OK?

MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, and North Texas Real Estate Information Systems Inc. for the period 03/01/2023 - 03/01/2025

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:14:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/3/2025, 1:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.