Five Mile, OK—74363
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Five Mile, OK
As of Oct '25, the median home price in Five Mile, OK is $168,000, with a year-over-year change of -5.0%. This indicates that home prices in Five Mile, 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 | $168,000 | -5.0% |
| Single Family | $168,000 | -5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $109,000 | -9.2% |
3 Bed | $184,000 | -4.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Five Mile, OK
Five Mile, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Five Mile, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Five Mile, OK is 38. This is a decrease of -65.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $372,000 | 38.0% |
Listing Count | 5 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 38 | -65.0% |
Demographics — Five Mile, OK
As of the latest ACS Survey released in 2023, Five Mile, OK has a population of 2,650, which has decreased by -8.1% over the past 5 years. Five Mile, OK is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 9.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,650 | -8.1% |
% Under 18 | 23.9% | -12.5% |
% Seniors | 18.7% | 14.0% |
% WFH | 2.8% | 75.0% |
% w/ College Degree | 9.0% | -12.6% |
As of the latest ACS Survey released in 2023, Five Mile, OK is a predominantly white area, with 62.5% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Five Mile, OK is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.3% of the population in Five Mile, OK, and this percentage has decreased by 18.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.5% | -6.3% |
% Black | 0.1% | -75.0% |
% Hispanic | 2.4% | 9.1% |
% Asian | 0.9% | -25.0% |
% Foreign Born | 1.3% | -18.8% |
Mortgage and Risk — Five Mile, OK
According to HUD data as of 2023, there were 27 mortgage originations in Five Mile, OK, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Five Mile, OK. Investor activity is low, as 4.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Five Mile, OK
Five Mile, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Five Mile, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $168,000 |
| Median Household Income | $54,700 |