Over the past year, Blackwell’s home values moved down more sharply than the broader county. Typical home values fell about 24.59% year over year to roughly $106,250, compared to a 16.13% decline and about $130,000 in Kay County. Even with that drop, values in Blackwell are projected to rebound to around $115,650 by March 2026.
Recent monthly shifts show a market in transition. From January to February, the typical home value jumped 21.5%, while the median list price surged 102.45% to about $165,000. Homes are taking time to sell at a median of 172 days on market, yet that is down 34.35% month over month even though it is up 168.75% from a year earlier.
Supply conditions also highlight change, with inventory at 24 homes in February, down 20% from the prior month and 36.84% year over year, and about 3 months of supply keeping Blackwell in seller’s market territory. Only 5 new listings came on the market and 8 homes went under contract, with roughly 25% of sellers cutting their list price and an average sale-to-list ratio near 96.1%. With projected inventory edging down to about 21 homes and the median list price expected near $206,750 next month, both buyers and sellers can benefit from an Agent Pronto–recommended real estate agent to help them navigate the numbers and timing.
