Morris, OK—74445
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morris, OK
As of Oct '25, the median home price in Morris, OK is $191,000, with a year-over-year change of 2.4%. This indicates that home prices in Morris, OK are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | 2.4% |
| Single Family | $191,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $189,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morris, OK
Morris, 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 — Morris, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Morris, OK is 81. This is a decrease of -30.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $203,000 | -13.0% |
Listing Count | 18 | 49.0% |
| Listings as % of Homes | 0.5% | 49.0% |
Days on Market | 81 | -30.0% |
Demographics — Morris, OK
As of the latest ACS Survey released in 2023, Morris, OK has a population of 3,030, which has increased by 2.2% over the past 5 years. Morris, OK is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 21.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,030 | 2.2% |
% Under 18 | 29.0% | 13.3% |
% Seniors | 21.7% | 29.2% |
% WFH | 13.4% | 148.1% |
% w/ College Degree | 21.6% | 42.1% |
As of the latest ACS Survey released in 2023, Morris, OK is a predominantly white area, with 72.8% of the population identifying as white. The white population has grown by 6.9% in the last 5 years. The second most common race or ethnicity in Morris, OK is hispanic, making up 2.0% of the population. Foreign-born residents account for 0.1% of the population in Morris, OK, and this percentage has decreased by 75.0% 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 | 72.8% | 6.9% |
% Black | 1.2% | -55.6% |
% Hispanic | 2.0% | -53.5% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.1% | -75.0% |
Mortgage and Risk — Morris, OK
According to HUD data as of 2023, there were 57 mortgage originations in Morris, OK, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Morris, OK. Investor activity is low, as 9.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Morris, OK
Morris, 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 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Morris, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $191,000 |
| Median Household Income | $63,800 |