Crescent, OK—73028
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Crescent, OK
As of Oct '25, the median home price in Crescent, OK is $167,000, with a year-over-year change of -0.2%. This indicates that home prices in Crescent, OK are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | -0.2% |
| Single Family | $167,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $127,000 | 1.6% |
3 Bed | $198,000 | 1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Crescent, OK
Crescent, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,020 | $998 |
| 3 Bed Rent | $1,020 | $1,020 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Crescent, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Crescent, OK is 90. This is a increase of 80.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $197,000 | 3.0% |
Listing Count | 18 | 31.0% |
| Listings as % of Homes | 0.7% | 31.0% |
Days on Market | 90 | 80.0% |
Demographics — Crescent, OK
As of the latest ACS Survey released in 2023, Crescent, OK has a population of 3,480, which has decreased by -4.6% over the past 5 years. Crescent, OK is a moderately popular place for families, as children make up 15.2% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,480 | -4.6% |
% Under 18 | 15.2% | -25.9% |
% Seniors | 20.6% | -1.9% |
% WFH | 4.2% | -44.7% |
% w/ College Degree | 13.7% | -14.4% |
As of the latest ACS Survey released in 2023, Crescent, OK is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Crescent, OK is hispanic, making up 4.0% of the population. Foreign-born residents account for 1.4% of the population in Crescent, OK, and this percentage has increased by 40.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.5% | -4.2% |
% Black | 1.5% | -62.5% |
% Hispanic | 4.0% | 60.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.4% | 40.0% |
Mortgage and Risk — Crescent, OK
According to HUD data as of 2023, there were 71 mortgage originations in Crescent, OK, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Crescent, OK. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Crescent, OK
Crescent, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | $60 | $1,020 | $1,080 |
| 3 Bedroom | $410 | $1,020 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Crescent, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $167,000 |
| Median Household Income | $53,800 |