Cushing, OK 74023 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cushing, OK—74023

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$140,000

2.4% YoY Growth

Household Income

$48,900

9.7% YoY Growth

Days on Market

19.0% Shorter YoY

Home Price Forecast

1.0%

Median Rent

$850

43.6% YoY Growth

1-Bed Rent

$800

6.7% YoY Growth

2-Bed Rent

$815

20.6% YoY Growth

3-Bed Rent

$875

28.7% YoY Growth

Home Price Trends — Cushing, OK

As of Dec '25, the median home price in Cushing, OK is $140,000, with a year-over-year change of 2.4%. This indicates that home prices in Cushing, OK are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$140,000	2.4%
Single Family	$140,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cushing, OK

As of July '25, Rentcast reports the average rent in Cushing, OK is $863, with a year-over-year rent change of -43.6%. Per bedroom, the median rent as of July '25 in Cushing, OK is 1-bedrooms: $800, 2-bedrooms: $858, 3-bedrooms: $877. The most common rental property sizes in Cushing, OK are 2-bedroom and 3-bedroom, accounting for 50.4% and 28.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$850	$863
Studio Rent	N/A	N/A
1 Bed Rent	$800	$800
2 Bed Rent	$815	$858
3 Bed Rent	$875	$877
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.8%

1 Bedroom

14.1%

2 Bedrooms

50.4%

3 Bedrooms

28.3%

4 Bedrooms

4.8%

5+ Bedrooms

0.6%

Property Listings — Cushing, OK

As of Dec '25, Realtor.com reports that the median days on market for a home in Cushing, OK is 54. This is a decrease of -13.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$210,000	27.0%
Listing Count	66	-15.0%
Listings as % of Homes	0.7%	-15.0%
Days on Market	66	-19.0%

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Demographics — Cushing, OK

As of the latest ACS Survey released in 2023, Cushing, OK has a population of 12,100, which has increased by 6.2% over the past 5 years. Cushing, OK is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,100	6.2%
% Under 18	23.6%	-2.9%
% Seniors	17.6%	7.3%
% WFH	5.2%	173.7%
% w/ College Degree	16.2%	16.5%

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As of the latest ACS Survey released in 2023, Cushing, OK is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Cushing, OK is hispanic, making up 8.9% of the population. Foreign-born residents account for 2.4% of the population in Cushing, 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	73.6%	-8.3%
% Black	2.9%	-25.6%
% Hispanic	8.9%	78.0%
% Asian	0.0%	-100.0%
% Foreign Born	2.4%	0.0%

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Mortgage and Risk — Cushing, OK

According to HUD data as of 2023, there were 124 mortgage originations in Cushing, OK, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Cushing, OK. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	124
% Conventional Loans	65.0%
% Government Loans	35.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Cushing, OK

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

Section 8 Market Size

Total Units under HUD	139
Total Units Section 8	99
% Rentals under Section 8	5.8%
% Occupied Section 8	93.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$10	$800	$810
2 Bedroom	$205	$815	$1,020
3 Bedroom	$475	$875	$1,350
4 Bedroom	N/A	N/A	$1,560

Cushing, OK—74023

Key Metrics at a Glance

Home Price Trends — Cushing, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cushing, OK

% of Rental Stock

Property Listings — Cushing, OK

Demographics — Cushing, OK

Race and Ethnicity

Mortgage and Risk — Cushing, OK

Mortgages

Rentals and Section 8 — Cushing, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Cushing, OK

Home Price to Income Ratio

Cushing, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Agra, OK

Yale, OK

Ripley, OK

Drumright, OK

Oilton

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$140,000
Median Household Income	$48,900

Cushing, OK—74023

Key Metrics at a Glance

Home Price Trends — Cushing, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cushing, OK

% of Rental Stock

Property Listings — Cushing, OK

Demographics — Cushing, OK

Race and Ethnicity

Mortgage and Risk — Cushing, OK

Mortgages

Rentals and Section 8 — Cushing, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Cushing, OK

Home Price to Income Ratio

Cushing, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Agra, OK

Yale, OK

Ripley, OK

Drumright, OK

Oilton

Frequently Asked Questions

What is the average home price in Cushing, OK 74023?

How have home prices in Cushing, OK 74023 changed over the past year?

What is the home price projection for Cushing, OK 74023?

What are the demographics of Cushing, OK 74023?

How long does it take homes to sell in Cushing, OK 74023?

What is the average rent price in Cushing, OK 74023?