Minco, OK73059

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$187,000
5.5% YoY Growth
Median Household Income
$71,900
28.6% 5-Year Growth
Days on Market
41
32.0% Longer than last year
Home Price Forecast
1.4%
Median Rent
$725
9.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$700
1.8% YoY Growth
3-Bed Rent
$1,100
N/A

Property Listings — Minco, OK

As of Oct '25, Realtor.com reports that the median days on market for a home in Minco, OK is 41. This is a increase of 32.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$295,00041.0%
Listing Count
95.0%
Listings as % of Homes0.6%5.0%
Days on Market
4132.0%
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Demographics — Minco, OK

As of the latest ACS Survey released in 2023, Minco, OK has a population of 2,810, which has decreased by -3.7% over the past 5 years. Minco, OK is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,810-3.7%
% Under 18
20.2%-9.4%
% Seniors
19.2%-2.5%
% WFH
7.7%67.4%
% w/ College Degree
19.8%10.0%
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As of the latest ACS Survey released in 2023, Minco, OK is a predominantly white area, with 83.1% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Minco, OK is hispanic, making up 8.1% of the population. Foreign-born residents account for 2.6% of the population in Minco, OK, and this percentage has increased by 52.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.1%-2.8%
% Black
0.7%0.0%
% Hispanic
8.1%42.1%
% Asian
0.1%-66.7%
% Foreign Born
2.6%52.9%
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Mortgage and Risk — Minco, OK

According to HUD data as of 2023, there were 41 mortgage originations in Minco, OK, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Minco, OK. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
41
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
5.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Minco, OK

Minco, OK lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
36
Total Units Section 8
0
% Rentals under Section 8
0.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$800
2 Bedroom$290$700$990
3 Bedroom$210$1,100$1,310
4 BedroomN/AN/A$1,490

Affordability — Minco, OK

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$187,000
Median Household Income$71,900

Minco, OK — ZIP Code Boundary Map

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Frequently Asked Questions