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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 9,663 people, 3,406 houses or apartments, and a median cost of homes of $299,508, 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 86.93% of the city's housing units. Other types of housing that are prevalent in Blanchard include large apartment complexes or high rise apartments ( 4.81%), mobile homes or trailers ( 4.11%), and a few row houses and other attached homes ( 3.08%).
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 80.55% of Blanchard's homes, and 80.52% 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. 54.24% 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 ( 35.10%), and between 1940-1969 ( 9.52%). There's also some housing in Blanchard built before 1939 ( 1.15%).
Blanchard's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Blanchard during the period has been just 5.56%, which is lower than 70% of US communities.
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 6.19%, 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 2.63%, which equates to an annual appreciation rate of 10.95%.
Importantly, this makes Blanchard one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Oklahoma, our data show that Blanchard's latest annual appreciation rate is higher than 80% of the other cities and towns in Oklahoma.
$299,508
for Oklahoma
for nation
3,406
$1,563 / per month