Hominy, OK—74035
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hominy, OK
As of Oct '25, the median home price in Hominy, OK is $104,000, with a year-over-year change of -10.7%. This indicates that home prices in Hominy, OK are decreasing. 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 | $104,000 | -10.7% |
| Single Family | $104,000 | -11.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $64,000 | -20.0% |
3 Bed | $123,000 | -8.2% |
4 Bed | $190,000 | -5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hominy, OK
Hominy, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $600 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hominy, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Hominy, OK is 51. This is a decrease of -22.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $132,000 | 8.0% |
Listing Count | 7 | -11.0% |
| Listings as % of Homes | 0.8% | -11.0% |
Days on Market | 51 | -22.0% |
Demographics — Hominy, OK
As of the latest ACS Survey released in 2023, Hominy, OK has a population of 4,030, which has decreased by -4.5% over the past 5 years. Hominy, OK is a less popular place for families, as children make up 14.6% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,030 | -4.5% |
% Under 18 | 14.6% | -7.0% |
% Seniors | 20.1% | 24.1% |
% WFH | 3.8% | 35.7% |
% w/ College Degree | 11.0% | 0.0% |
As of the latest ACS Survey released in 2023, Hominy, OK is a predominantly white area, with 49.0% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Hominy, OK is black, making up 8.9% of the population. Foreign-born residents account for 1.8% of the population in Hominy, OK, and this percentage has increased by Inf% 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 | 49.0% | -12.3% |
% Black | 8.9% | 2.3% |
% Hispanic | 6.4% | 16.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.8% | ∞% |
Mortgage and Risk — Hominy, OK
According to HUD data as of 2023, there were 50 mortgage originations in Hominy, OK, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Hominy, OK. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hominy, OK
Hominy, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 111 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 14.5% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $600 | $810 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Hominy, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $104,000 |
| Median Household Income | $46,000 |