Blanchard, OK—73010
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blanchard, OK
As of Oct '25, the median home price in Blanchard, OK is $312,000, with a year-over-year change of 3.3%. This indicates that home prices in Blanchard, OK are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | 3.3% |
| Single Family | $312,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 1.2% |
3 Bed | $299,000 | 3.8% |
4 Bed | $391,000 | 3.7% |
| 5 Bed | $507,000 | 3.0% |
% of Housing Stock
Rental Trends — Blanchard, OK
As of July '25, Rentcast reports the average rent in Blanchard, OK is $1,230, with a year-over-year rent change of -17.4%. Per bedroom, the median rent as of July '25 in Blanchard, OK is 1-bedrooms: $875, 2-bedrooms: $1,000, 3-bedrooms: $1,720. The most common rental property sizes in Blanchard, OK are 3-bedroom and 2-bedroom, accounting for 48.6% and 40.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,230 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $875 |
| 2 Bed Rent | $1,050 | $1,000 |
| 3 Bed Rent | $1,850 | $1,720 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Blanchard, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Blanchard, OK is 66. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 6.0% |
Listing Count | 228 | 27.0% |
| Listings as % of Homes | 1.8% | 27.0% |
Days on Market | 66 | -15.0% |
Demographics — Blanchard, OK
As of the latest ACS Survey released in 2023, Blanchard, OK has a population of 21,100, which has increased by 7.1% over the past 5 years. Blanchard, OK is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,100 | 7.1% |
% Under 18 | 24.8% | -4.6% |
% Seniors | 13.7% | -6.2% |
% WFH | 9.7% | 79.6% |
% w/ College Degree | 25.7% | 11.3% |
As of the latest ACS Survey released in 2023, Blanchard, OK is a predominantly white area, with 80.9% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Blanchard, OK is hispanic, making up 5.9% of the population. Foreign-born residents account for 1.3% of the population in Blanchard, OK, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.9% | -2.8% |
% Black | 0.4% | -42.9% |
% Hispanic | 5.9% | -3.3% |
% Asian | 0.2% | -50.0% |
% Foreign Born | 1.3% | -18.8% |
Mortgage and Risk — Blanchard, OK
According to HUD data as of 2023, there were 618 mortgage originations in Blanchard, OK, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Blanchard, OK. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 618 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Blanchard, OK
Blanchard, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $875 | $890 |
| 2 Bedroom | $70 | $1,050 | $1,120 |
| 3 Bedroom | -$370 | $1,850 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Blanchard, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $312,000 |
| Median Household Income | $87,000 |