Claremore, OK—74017
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Claremore, OK
Home Price Trends — Claremore, OK
As of Oct '25, the median home price in Claremore, OK is $223,000, with a year-over-year change of -1.6%. This indicates that home prices in Claremore, OK are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | -1.6% |
| Single Family | $223,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $126,000 | -6.0% |
2 Bed | $139,000 | -3.5% |
3 Bed | $221,000 | -1.3% |
4 Bed | $337,000 | 0.9% |
| 5 Bed | $474,000 | 2.8% |
% of Housing Stock
Rental Trends — Claremore, OK
As of July '25, Rentcast reports the average rent in Claremore, OK is $1,310, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Claremore, OK is studios: $635, 1-bedrooms: $782, 2-bedrooms: $1,030, 3-bedrooms: $1,490, 4-bedrooms: $1,800. The most common rental property sizes in Claremore, OK are 3-bedroom and 2-bedroom, accounting for 41.2% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,310 |
| Studio Rent | $635 | $635 |
| 1 Bed Rent | $795 | $782 |
| 2 Bed Rent | $1,050 | $1,030 |
| 3 Bed Rent | $1,450 | $1,490 |
| 4 Bed Rent | $1,600 | $1,800 |
% of Rental Stock
Property Listings — Claremore, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Claremore, OK is 61. This is a increase of 5.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $311,000 | 9.0% |
Listing Count | 112 | 1.0% |
| Listings as % of Homes | 0.6% | 1.0% |
Days on Market | 61 | 5.0% |
Demographics — Claremore, OK
As of the latest ACS Survey released in 2023, Claremore, OK has a population of 28,900, which has increased by 1.9% over the past 5 years. Claremore, OK is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,900 | 1.9% |
% Under 18 | 21.6% | -2.3% |
% Seniors | 19.2% | 5.5% |
% WFH | 10.0% | 132.6% |
% w/ College Degree | 22.6% | 16.5% |
As of the latest ACS Survey released in 2023, Claremore, OK is a predominantly white area, with 66.7% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Claremore, OK is hispanic, making up 6.5% of the population. Foreign-born residents account for 3.2% of the population in Claremore, OK, and this percentage has increased by 68.4% 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 | 66.7% | -2.6% |
% Black | 1.5% | 36.4% |
% Hispanic | 6.5% | 44.4% |
% Asian | 0.9% | 80.0% |
% Foreign Born | 3.2% | 68.4% |
Mortgage and Risk — Claremore, OK
According to HUD data as of 2023, there were 601 mortgage originations in Claremore, OK, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Claremore, OK. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 601 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Claremore, OK
As of 2024, the percent of homes in Claremore, OK under the Section 8 program is 7.0%. 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. In Claremore, OK, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 260 |
Total Units Section 8 | 246 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | 95.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $135 | $795 | $930 |
| 2 Bedroom | $110 | $1,050 | $1,160 |
| 3 Bedroom | $80 | $1,450 | $1,530 |
| 4 Bedroom | $170 | $1,600 | $1,770 |
Affordability — Claremore, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $223,000 |
| Median Household Income | $65,500 |