Fair Oaks, OK—74015
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fair Oaks, OK
As of Oct '25, the median home price in Fair Oaks, OK is $269,000, with a year-over-year change of 2.5%. This indicates that home prices in Fair Oaks, OK are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 2.6% |
| Single Family | $268,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $173,000 | 4.2% |
3 Bed | $259,000 | 2.0% |
4 Bed | $380,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fair Oaks, OK
As of July '25, Rentcast reports the average rent in Fair Oaks, OK is $1,830, with a year-over-year rent change of 30.7%. Per bedroom, the median rent as of July '25 in Fair Oaks, OK is 2-bedrooms: $1,300, 4-bedrooms: $2,900. The most common rental property sizes in Fair Oaks, OK are 2-bedroom and 3-bedroom, accounting for 48.1% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Fair Oaks, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Fair Oaks, OK is 82. This is a decrease of -6.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | -8.0% |
Listing Count | 29 | -1.0% |
| Listings as % of Homes | 0.6% | -1.0% |
Days on Market | 82 | -6.0% |
Demographics — Fair Oaks, OK
As of the latest ACS Survey released in 2023, Fair Oaks, OK has a population of 8,650, which has decreased by -2.0% over the past 5 years. Fair Oaks, OK is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,650 | -2.0% |
% Under 18 | 21.5% | -2.7% |
% Seniors | 15.0% | 3.4% |
% WFH | 6.6% | 312.5% |
% w/ College Degree | 21.8% | 11.2% |
As of the latest ACS Survey released in 2023, Fair Oaks, OK is a predominantly white area, with 62.8% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Fair Oaks, OK is hispanic, making up 11.2% of the population. Foreign-born residents account for 4.1% of the population in Fair Oaks, OK, and this percentage has increased by 17.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.8% | -11.3% |
% Black | 0.6% | -57.1% |
% Hispanic | 11.2% | 124.0% |
% Asian | 2.0% | 400.0% |
% Foreign Born | 4.1% | 17.1% |
Mortgage and Risk — Fair Oaks, OK
According to HUD data as of 2023, there were 48 mortgage originations in Fair Oaks, OK, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Fair Oaks, OK. Investor activity is low, as 6.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Fair Oaks, OK
Fair Oaks, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | -$80 | $1,300 | $1,220 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | -$1,040 | $2,900 | $1,860 |
Affordability — Fair Oaks, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $269,000 |
| Median Household Income | $72,700 |