Erick, OK—73645
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Erick, OK
As of Oct '25, the median home price in Erick, OK is $78,000, with a year-over-year change of -5.1%. This indicates that home prices in Erick, OK are decreasing. According to Zillow, the 1-year price projection is -1.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $78,000 | -5.1% |
| Single Family | $78,000 | -6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $100,000 | -1.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Erick, OK
Erick, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $650 | $650 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Erick, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Erick, OK is 104. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $189,000 | 20.0% |
Listing Count | 13 | -3.0% |
| Listings as % of Homes | 2.3% | -3.0% |
Days on Market | 104 | -40.0% |
Demographics — Erick, OK
As of the latest ACS Survey released in 2023, Erick, OK has a population of 1,090, which has decreased by -24.1% over the past 5 years. Erick, OK is a popular place for families, as children make up 38.8% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,090 | -24.1% |
% Under 18 | 38.8% | 92.1% |
% Seniors | 14.4% | -47.4% |
% WFH | 7.0% | 1.4% |
% w/ College Degree | 18.5% | 13.5% |
As of the latest ACS Survey released in 2023, Erick, OK is a predominantly white area, with 77.4% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Erick, OK is hispanic, making up 12.4% of the population. Foreign-born residents account for 0.0% of the population in Erick, OK, and this percentage has decreased by 100.0% 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 | 77.4% | 0.8% |
% Black | 0.4% | -42.9% |
% Hispanic | 12.4% | -36.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Erick, OK
According to HUD data as of 2023, there were 6 mortgage originations in Erick, OK, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 87.0%, with 67.0% above 90% LTV (very high). This implies large mortgage risk in Erick, OK. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 6 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Erick, OK
Erick, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | $260 | $650 | $910 |
| 3 Bedroom | N/A | N/A | $1,100 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Erick, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $78,000 |
| Median Household Income | $39,200 |