Harrah, OK—73045
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harrah, OK
As of Oct '25, the median home price in Harrah, OK is $246,000, with a year-over-year change of 1.9%. This indicates that home prices in Harrah, OK are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 1.9% |
| Single Family | $246,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 1.4% |
3 Bed | $241,000 | 2.1% |
4 Bed | $294,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harrah, OK
As of July '25, Rentcast reports the average rent in Harrah, OK is $1,510, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Harrah, OK is 2-bedrooms: $994, 3-bedrooms: $1,650, 4-bedrooms: $1,800. The most common rental property sizes in Harrah, OK are 3-bedroom and 2-bedroom, accounting for 44.0% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $950 | $994 |
| 3 Bed Rent | $1,800 | $1,650 |
| 4 Bed Rent | $1,750 | $1,800 |
% of Rental Stock
Property Listings — Harrah, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Harrah, OK is 65. This is a increase of 46.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $267,000 | 8.0% |
Listing Count | 105 | 26.0% |
| Listings as % of Homes | 0.7% | 26.0% |
Days on Market | 65 | 46.0% |
Demographics — Harrah, OK
As of the latest ACS Survey released in 2023, Harrah, OK has a population of 11,500, which has increased by 2.2% over the past 5 years. Harrah, OK is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,500 | 2.2% |
% Under 18 | 28.6% | 18.7% |
% Seniors | 14.1% | -31.9% |
% WFH | 8.0% | 370.6% |
% w/ College Degree | 23.4% | 7.8% |
As of the latest ACS Survey released in 2023, Harrah, OK is a predominantly white area, with 78.8% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Harrah, OK is hispanic, making up 7.1% of the population. Foreign-born residents account for 1.0% of the population in Harrah, OK, and this percentage has decreased by 33.3% 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 | 78.8% | -6.5% |
% Black | 0.5% | -28.6% |
% Hispanic | 7.1% | 102.9% |
% Asian | 1.2% | 71.4% |
% Foreign Born | 1.0% | -33.3% |
Mortgage and Risk — Harrah, OK
According to HUD data as of 2023, there were 250 mortgage originations in Harrah, OK, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Harrah, OK. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 250 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Harrah, OK
Harrah, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 87 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 94.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | $190 | $950 | $1,140 |
| 3 Bedroom | -$270 | $1,800 | $1,530 |
| 4 Bedroom | -$90 | $1,750 | $1,660 |
Affordability — Harrah, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $246,000 |
| Median Household Income | $80,100 |