Coweta, OK—74429
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coweta, OK
As of Oct '25, the median home price in Coweta, OK is $261,000, with a year-over-year change of 2.7%. This indicates that home prices in Coweta, OK are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $261,000 | 2.7% |
| Single Family | $261,000 | 2.8% |
| 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 | 3.6% |
3 Bed | $249,000 | 2.5% |
4 Bed | $342,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Coweta, OK
As of July '25, Rentcast reports the average rent in Coweta, OK is $1,700, with a year-over-year rent change of 28.8%. Per bedroom, the median rent as of July '25 in Coweta, OK is studios: $700, 2-bedrooms: $975, 3-bedrooms: $1,780, 4-bedrooms: $1,950. The most common rental property sizes in Coweta, OK are 3-bedroom and 2-bedroom, accounting for 40.3% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,700 |
| Studio Rent | $700 | $700 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $975 |
| 3 Bed Rent | $1,700 | $1,780 |
| 4 Bed Rent | $1,900 | $1,950 |
% of Rental Stock
Property Listings — Coweta, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Coweta, OK is 37. This is a decrease of -4.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $293,000 | -6.0% |
Listing Count | 135 | 38.0% |
| Listings as % of Homes | 1.1% | 38.0% |
Days on Market | 37 | -4.0% |
Demographics — Coweta, OK
As of the latest ACS Survey released in 2023, Coweta, OK has a population of 16,400, which has increased by 7.5% over the past 5 years. Coweta, OK is a popular place for families, as children make up 25.1% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | 7.5% |
% Under 18 | 25.1% | -8.7% |
% Seniors | 14.4% | 9.1% |
% WFH | 8.2% | 100.0% |
% w/ College Degree | 25.5% | 19.2% |
As of the latest ACS Survey released in 2023, Coweta, OK is a predominantly white area, with 69.1% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Coweta, OK is hispanic, making up 6.2% of the population. Foreign-born residents account for 2.6% of the population in Coweta, OK, and this percentage has decreased by 16.1% 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 | 69.1% | -7.9% |
% Black | 3.4% | -8.1% |
% Hispanic | 6.2% | 34.8% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 2.6% | -16.1% |
Mortgage and Risk — Coweta, OK
According to HUD data as of 2023, there were 613 mortgage originations in Coweta, OK, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Coweta, OK. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 613 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Coweta, OK
Coweta, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 135 |
Total Units Section 8 | 135 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | $220 | $900 | $1,120 |
| 3 Bedroom | -$220 | $1,700 | $1,480 |
| 4 Bedroom | -$190 | $1,900 | $1,710 |
Affordability — Coweta, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $261,000 |
| Median Household Income | $73,500 |