Panoma, OK73945

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$149,000
3.6% YoY Growth
Median Household Income
$48,700
9.5% 5-Year Growth
Days on Market
79
34.0% Longer than last year
Home Price Forecast
0.0%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Panoma, OK

As of Oct '25, Realtor.com reports that the median days on market for a home in Panoma, OK is 79. This is a increase of 34.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$269,00048.0%
Listing Count
7-4.0%
Listings as % of Homes0.1%-4.0%
Days on Market
7934.0%
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Demographics — Panoma, OK

As of the latest ACS Survey released in 2023, Panoma, OK has a population of 2,260, which has decreased by -21.7% over the past 5 years. Panoma, OK is a moderately popular place for families, as children make up 24.6% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,260-21.7%
% Under 18
24.6%-24.1%
% Seniors
21.0%33.8%
% WFH
5.3%307.7%
% w/ College Degree
25.6%31.3%
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As of the latest ACS Survey released in 2023, Panoma, OK is a predominantly white area, with 57.2% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Panoma, OK is hispanic, making up 39.3% of the population. Foreign-born residents account for 24.6% of the population in Panoma, OK, and this percentage has increased by 75.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
57.2%-9.1%
% Black
1.5%114.3%
% Hispanic
39.3%14.9%
% Asian
0.4%300.0%
% Foreign Born
24.6%75.7%
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Mortgage and Risk — Panoma, OK

According to HUD data as of 2023, there were 19 mortgage originations in Panoma, OK, of which 37.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Panoma, OK. Investor activity is low, as 0.0% of loans were by investors. 26.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
19
% Conventional Loans
37.0%
% Government Loans
63.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
26.0%

Loan Activity

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Rentals and Section 8 — Panoma, OK

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

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$850
2 BedroomN/AN/A$1,050
3 BedroomN/AN/A$1,270
4 BedroomN/AN/A$1,760

Affordability — Panoma, OK

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$149,000
Median Household Income$48,700

Panoma, OK — ZIP Code Boundary Map

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Frequently Asked Questions