Commercial Real Estate Market in Blanchard, OK
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
95 active listings and 264 off-market properties in Blanchard, OK.
Market Trends
Blanchard, OK spans 174.5 square miles in McClain County, Oklahoma. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Blanchard, OK runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Blanchard, OK runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Blanchard, OK runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Blanchard, OK runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 49.2%
- Agricultural 35.2%
- Planned_development 6.4%
- Industrial 5.6%
- Commercial 3.6%
Largest Zones share of zoned land by district
Suburban
Agricultural
Planned Unit Development Single Family Residential
Residential Estates
Combined Residential
Suburban (S-1)
This district is established to provide for the low-density use of land for agricultural and residential purposes in rural areas. It is also the purpose of this district to provide a zoning classification that will provide property owners and residents the least restrictive means by which they can be residents of the city of Blanchard
Market overview
Demographics & Economy
Blanchard, OK has 20,744 residents in 7,770 households. Density runs 119 people per square mile. Median household income here is $86,968 and median gross rent $1,070 a month.
20,744
Population
7,770
Households
2.7
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
174.5 sq mi
ZIP Area
119
Density / Sq Mi
$86,968
Median Household Income
$47,315
Median Earnings
$1,070
Median Rent
$241,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Norman | $145 (county avg) | $17.22 |
| Moore | $145 (county avg) | $28.71 |
Commercial property in Blanchard, OK asks $8/SF. The 2 bordering markets run from $145/SF in Norman to $145/SF in Norman, and the city sits below their $145/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Blanchard?
Commercial property in Blanchard, OK asks an average of $8 per square foot. The 6 most recent recorded sales traded at a median of $271/SF.
How does Blanchard compare to nearby markets on price?
Blanchard, OK asks $8/SF against $145/SF in Norman and $145/SF in Moore.
Where does Realmo's Blanchard market data come from?
Realmo compiles Blanchard, OK figures from 8 recent recorded sales, 94 active sale listings, 1 active lease listings, 264 tracked off-market properties, the current Blanchard zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 94 active for-sale and 1 active for-lease listings in Blanchard, OK. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 19,789 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
