#1157567, Kate Spivey, Listing Office: Heather & Company Realty Group
Blanchard Housing Market Report February 2025•McClain County, Oklahoma
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?
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.
Blanchard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
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
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Newcastle | $279.8K | $311.5K | +11.3% |
Newcastle-Blanchard | $294.7K | $314K | +6.5% |
Blanchard | $328.9K | $319K | -3.0% |
Blanchard | $331.1K | $320K | -3.4% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $152K | $165K | +8.6% |
22 Bedrooms | $131K | $160K | +22.1% |
33 Bedrooms | $280.5K | $285.5K | +1.8% |
44 Bedrooms | $364.4K | $360K | -1.2% |
55+ Bedrooms | $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
Last Month | 2 months ago | Change 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
Last Month | 2 months ago | Change MoM |
---|---|---|
18Last MonthFeb 2025 | ||
252 months agoJan 2025 | -28.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 3 | 1 | -66.7% |
33 Bedrooms | 78 | 80 | +2.6% |
44 Bedrooms | 58 | 69 | +19.0% |
55+ Bedrooms | 13 | 13 | 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?
Over Asking Price4 Homes
At Asking Price9 Homes
Under Asking Price5 Homes
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
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
This Year | 1 year ago | Change 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.
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Newest Listings in Blanchard, OK
What homes are available in Blanchard, OK?
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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
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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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
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.