Blanchard, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Blanchard Neighborhoods Since 2000




Blanchard, OK Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Blanchard Housing Market Information

With a population of 8,280, 2,775 total housing units (homes and apartments), and a median house value of $167,317, Blanchard real estate is some of the most expensive in Oklahoma, although Blanchard home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Blanchard, accounting for 80.41% of the city's housing units. Other types of housing that are prevalent in Blanchard include mobile homes or trailers ( 11.14%), large apartment complexes or high rise apartments ( 4.06%), and a few row houses and other attached homes ( 2.66%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Blanchard. Owner-occupied housing accounts for 79.13% of Blanchard's homes, and 77.85% have either three or four bedrooms, which is average sized relative to America.

Blanchard homes and real estate are some of the newest in America. 48.19% of Blanchard's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Blanchard real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.42%), and between 1940-1969 ( 13.07%). There's also some housing in Blanchard built before 1939 ( 3.33%).

Blanchard Home Appreciation Rates

Appreciation rates for homes in Blanchard have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 14.75%, which ranks in the top 30% nationwide. This equates to an annual average Blanchard house appreciation rate of 1.39%.

Over the last year, Blanchard appreciation rates have trailed the rest of the nation. In the last twelve months, Blanchard's appreciation rate has been -1.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Blanchard were at 0.33%, which equates to an annual appreciation rate of 1.34%.

Relative to Oklahoma, our data show that Blanchard's latest annual appreciation rate is lower than 90% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$167,317

Blanchard, OK HOME PRICES

Value Range
> $1,064,000 0.3
$798,001 - $1,064,000 0.7
$532,001 - $798,000 0.9
$426,001 - $532,000 1.7
$319,001 - $426,000 5.0
$213,001 - $319,000 25.2
$106,001 - $213,000 35.2
$53,001 - $106,000 17.9
$0 - $53,000 13.2

Very High for OK
Average for Nation

Value Relative to Nation Value Relative to State
42.669635532638 6.04229607250755

Number Of Homes And Apartments:
2,775

Blanchard Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
45.83% 2.21% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$963 / per month

Homeownership Rate

Homeownership
Owners 79.13
Renters 20.87
Vacant 7.72

Housing Market Details

 

Age of Homes

AGE OF Blanchard HOMES
2000 or Newer 48.2
1970 - 1999 35.4
1940 - 1969 13.1
1939 or Older 3.3

Types of Homes

TYPE OF Blanchard HOMES
Single-Family 80.4
Townhomes 2.7
Small Apt. Buildings 1.4
Apt. Complexes 4.1
Mobile Homes 11.1
Other 0.4

Home Size

SIZE OF Blanchard HOMES
No Bedroom 0.57
1 Bedroom 2.53
2 Bedrooms 17.56
3 Bedrooms 63.78
4 Bedrooms 14.07
5 or more bedrooms 1.50

Popular Neighborhoods in Blanchard

Zip Codes in Blanchard, OK