Is McClain County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, McClain County has remained a Seller's Market.
Housing Prices in McClain County, OK
How much do homes in McClain County, OK cost?
Median Sold Price
$298,679
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in McClain County was $298,679 in April 2024, up 5.8% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $195.5K | -1.8% |
2 Bedrooms | $137.5K | $152K | +10.5% |
3 Bedrooms | $259.9K | $267.5K | +2.9% |
4 Bedrooms | $345.1K | $365.1K | +5.8% |
5+ Bedrooms | $450K | $492K | +9.3% |
Summary: McClain County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Counties
Garvin County | $156.2K | $185K | +18.4% |
Pottawatomie County | $177.5K | $199.9K | +12.7% |
Grady County | $173.8K | $189.5K | +9.0% |
McClain County | $282.3K | $298.6K | +5.8% |
Cleveland County | $247.7K | $250K | +0.9% |
Housing Supply in McClain County, OK
How many homes are available in McClain County, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
370 | 392 | +5.9% |
Summary: The McClain County real estate market had 392 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 22 | 21 | -4.5% |
3 Bedrooms | 193 | 215 | +11.4% |
4 Bedrooms | 128 | 132 | +3.1% |
5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The McClain County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 72 | +20.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in McClain County in April 2024, up by 20.0% month-over-month. Of the 72 sold homes, 40% were sold under asking, 39% were sold at asking, and 21% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 34 Days | -29.2% |
Summary: Homes in McClain County had an average of 34 days on market in Apr 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 72 homes were sold in McClain County; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.