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Sarah Mitchell

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Compass Real Estate · Blanchard, OK

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Blanchard, OK(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Blanchard, OK Housing Market

Buyer's market+1.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Blanchard, OK is worth $321,860, rose 1.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $315,000, +14.1% year over year (through May 2026). With 5.7 months of supply and homes going under contract in about 55 days, Blanchard is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $321,860 home is about $1,718/mo in principal and interest.

Key numbers for Blanchard, OK

Typical home value

$321,860

+1.9% in 12 months

Zillow, August 2026

Typical asking rent

$1,392/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$315,000

+14.1% year over year

Redfin, through May 2026

Days on market

55

Average pace

Redfin, through May 2026

Active listings

51

5.7 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$89,472

Home costs 3.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.3%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Blanchard a buyer's or seller's market?

Buyer's market5.7 months of supply55 days on market98.3% of asking

Blanchard, OK is a buyer's market, based on 5.7 months of supply and homes selling in about 55 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Blanchard housing market data show?

Every row below is Redfin's final published month for Blanchard, OK. Redfin, through May 2026

Housing market statistics for Blanchard, OK, Redfin through May 2026
MetricValue
Median sale price$315,000
Median list price$324,500
Year-over-year price change+14.1%
Median price per sq ft$185/sq ft
Median days on market55 days
Active inventory51 listings
Months of supply5.7 months
Sale-to-list price ratio98.3%
Homes sold (that month)9
New listings (that month)17
Listings with a price cut35.3%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Blanchard is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Blanchard is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Blanchard home prices moved?

Over the last three years the median sale price in Blanchard, OK rose 9.8%, from $287,000 to $315,000. The live Zillow value series has rose 1.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 35.3% of Blanchard listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.7 months while the sale-to-list ratio slips below its current 98.3%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Blanchard?

Priced off the typical home value of $321,860 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Blanchard, OK
Down paymentCash at closeLoan amountMonthly P&I
20%$64,372$257,488$1,718/mo
5%$16,093$305,767$2,040/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,718, that implies roughly $73,640 a year before you add taxes and insurance. The median household in Blanchard earns $89,472, about $15,832 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.6x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Blanchard in the next 12 months?

Tell us your timeline. We send the Blanchard market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Blanchard?

Typical asking rent in Blanchard, OK is $1,392/mo, against a typical home value of $321,860. That is a price-to-rent ratio of 19.3x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,718 a month — $326 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Blanchard?

Active listings in Blanchard, OK went from 56 in May 2025 to 51 in May 2026, a -8.9% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Blanchard, OK
MonthActive listingsNew listings
June 20255217
July 20255825
August 20255012
September 20255518
October 20256122
November 20256615
December 2025594
January 20265610
February 20265516
March 20265319
April 20265717
May 20265117

Redfin, through May 2026

How does Blanchard compare to Oklahoma and the U.S.?

Blanchard homes sell for $315,000 — 19% above the Oklahoma median of $264,600. Against the national median of $410,700, Blanchard runs 23% lower. Year-over-year, Blanchard moved +14.1% against Oklahoma's +1.9% — a bigger swing than the state as a whole.

Blanchard, OK compared with Oklahoma and the United States
MarketMedian sale priceYoYDays on market
Blanchard, OK$315,000+14.1%55 days
Oklahoma statewide$264,600+1.9%39 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Blanchard

What buyers should watch

  • Months of supply, currently 5.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 35.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $322 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $321,860 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Blanchard listing goes under contract in 55 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Blanchard added 17 new listings against 9 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +1.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Blanchard varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Blanchard

There are currently 51 homes listed for sale in Blanchard, Oklahoma. The median listing price is $325K. Featured listings range from $65,000 to $540,000.

land for sale at 10960 Bison Run Ct Blanchard - $65,000
$65,000

10960 Bison Run Ct

Blanchard, OK

Land33,106 sqft lot
View photos & details
land for sale at 10961 Bison Run Ct Blanchard - $65,000
$65,000

10961 Bison Run Ct

Blanchard, OK

Land32,670 sqft lot
View photos & details
land for sale at 10941 Bison Run Ct Blanchard - $70,000
$70,000

10941 Bison Run Ct

Blanchard, OK

Land32,670 sqft lot
View photos & details
land for sale at 10914 Bison Run Ct Blanchard - $70,000
$70,000

10914 Bison Run Ct

Blanchard, OK

Land32,670 sqft lot
View photos & details
land for sale at 10942 Bison Run Ct Blanchard - $70,000
$70,000

10942 Bison Run Ct

Blanchard, OK

Land32,670 sqft lot
View photos & details
land for sale at 2169 County Street 2988 Blanchard - $110,000
$110,000

2169 County Street 2988

Blanchard, OK

Land5.50 acres
View photos & details
4 bedroom house for sale at 13262 Southerland Rd Blanchard - $268,000
$268,000

13262 Southerland Rd

Blanchard, OK

4 bd2 ba2,016 sqft$133/ft²
House3.79 acres
View photos & details
3 bedroom house for sale at 21063 State Highway 76 Blanchard - $285,000
$285,000

21063 State Highway 76

Blanchard, OK

3 bd2 ba2,000 sqft$143/ft²
House5.00 acres
View photos & details
3 bedroom house for sale at 26556 Elm Rd Blanchard - $365,000
$365,000

26556 Elm Rd

Blanchard, OK

3 bd2 ba1,920 sqft$190/ft²
House5.00 acres
View photos & details
4 bedroom house for sale at 1792 Doc Bar Ave Blanchard - $367,500
$367,500

1792 Doc Bar Ave

Blanchard, OK

4 bd2 ba1,873 sqft$196/ft²
House13,708 sqft lot
View photos & details
3 bedroom house for sale at 2246 County Road 1334 Blanchard - $405,000
$405,000

2246 County Road 1334

Blanchard, OK

3 bd3 ba2,116 sqft$191/ft²
House1.08 acres
View photos & details
2 bedroom house for sale at 26115 Lazy D Dr Blanchard - $540,000
$540,000

26115 Lazy D Dr

Blanchard, OK

2 bd3 ba1,950 sqft$277/ft²
House5.00 acres
View photos & details

Looking to buy in Blanchard?

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Active listings

51

Homes on market

Median list price

$325K

Avg. days on market

55

Days until sale

New this week

17

Newly listed

Price drops:35.3%of listings
Sale-to-list:98.3%

How much do homes cost in Blanchard by property type?

How the Blanchard, OK market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Blanchard, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$370,000$190/sq ft872 days

Who lives in Blanchard?

American Community Survey estimates for Blanchard. U.S. Census ACS, 2023

Population

9,276

Households

3,406

Median income

$89,472/yr

Median age

38.6 years

Owner-occupied

80.9%

Median home value

$259,100

Median gross rent

$970/mo

Mean commute

30.2 min

80.9% of occupied homes in Blanchard are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $259,100 against Zillow's $321,860 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $970/mo, below Zillow's $1,392/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Blanchard?

12 schools tracked · 5,205 students

The largest public schools serving Blanchard, OK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

BLANCHARD HS

Grades 9-12 · 765 students

Public

BLANCHARD ES

Grades PK-2 · 547 students

Public

BRIDGE CREEK HS

Grades 9-12 · 534 students

Public

BRIDGE CREEK EARLY CHILDHOOD

Grades PK-2 · 501 students

Public

BLANCHARD INTERMEDIATE ES

Grades 3-5 · 487 students

Public

BLANCHARD MS

Grades 6-8 · 461 students

Public

BRIDGE CREEK IES

Grades 3-5 · 430 students

Public

BRIDGE CREEK MS

Grades 6-8 · 415 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Blanchard, OK?

Ordered by distance from Blanchard, not by size. Compare Blanchard side by side with any of them.

Blanchard housing market FAQ

Is Blanchard a buyer's or seller's market?

Blanchard, OK is currently a buyer's market. That read comes from 5.7 months of supply, homes going under contract in about 55 days, and sellers getting 98.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Blanchard?

The typical home in Blanchard, OK is worth $321,860 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $315,000, about $185 per square foot.

Is Blanchard cheaper than the rest of Oklahoma?

Blanchard's median sale price of $315,000 is 19% higher than the Oklahoma statewide median of $264,600, and 23% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Blanchard?

Homes in Blanchard, OK spent a median of 55 days on market before going under contract, versus 39 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Blanchard?

At the current 30-year fixed rate of 7.03%, 20% down on a $321,860 home is about $1,718 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $73,640 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $89,472.

Are home prices rising in Blanchard?

The typical home value in Blanchard, OK rose 1.9% over the last 12 months, from $315,826 to $321,860 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Blanchard?

Blanchard ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Blanchard?

That depends on your timeline, not on a headline. What the data says today: Blanchard, OK is a buyer's market with 5.7 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.3x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.