Enid, OK—73703
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Enid, OK
Home Price Trends — Enid, OK
As of Oct '25, the median home price in Enid, OK is $188,000, with a year-over-year change of 4.4%. This indicates that home prices in Enid, OK are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 4.4% |
| Single Family | $189,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $103,000 | 5.1% |
3 Bed | $182,000 | 4.0% |
4 Bed | $319,000 | 3.6% |
| 5 Bed | $435,000 | 3.8% |
% of Housing Stock
Rental Trends — Enid, OK
As of July '25, Rentcast reports the average rent in Enid, OK is $1,530, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Enid, OK is 1-bedrooms: $950, 2-bedrooms: $938, 3-bedrooms: $1,570, 4-bedrooms: $2,070. The most common rental property sizes in Enid, OK are 2-bedroom and 3-bedroom, accounting for 52.8% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $795 | $938 |
| 3 Bed Rent | $1,500 | $1,570 |
| 4 Bed Rent | $2,000 | $2,070 |
% of Rental Stock
Property Listings — Enid, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Enid, OK is 61. This is a decrease of -7.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | -11.0% |
Listing Count | 157 | -1.0% |
| Listings as % of Homes | 1.0% | -1.0% |
Days on Market | 61 | -7.0% |
Demographics — Enid, OK
As of the latest ACS Survey released in 2023, Enid, OK has a population of 29,700, which has decreased by -2.0% over the past 5 years. Enid, OK is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 30.6% 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 | 29,700 | -2.0% |
% Under 18 | 25.1% | -1.6% |
% Seniors | 20.5% | 15.8% |
% WFH | 4.2% | 90.9% |
% w/ College Degree | 30.6% | 3.7% |
As of the latest ACS Survey released in 2023, Enid, OK is a predominantly white area, with 78.4% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Enid, OK is hispanic, making up 10.2% of the population. Foreign-born residents account for 3.8% of the population in Enid, OK, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.4% | -3.9% |
% Black | 2.4% | -41.5% |
% Hispanic | 10.2% | 70.0% |
% Asian | 2.2% | 22.2% |
% Foreign Born | 3.8% | 0.0% |
Mortgage and Risk — Enid, OK
According to HUD data as of 2023, there were 551 mortgage originations in Enid, OK, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Enid, OK. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 551 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Enid, OK
As of 2024, the percent of homes in Enid, OK under the Section 8 program is 3.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Enid, OK, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 246 |
Total Units Section 8 | 153 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 90.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $950 | $820 |
| 2 Bedroom | $285 | $795 | $1,080 |
| 3 Bedroom | -$110 | $1,500 | $1,390 |
| 4 Bedroom | -$570 | $2,000 | $1,430 |
Affordability — Enid, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $188,000 |
| Median Household Income | $74,200 |