Tahlequah, OK—74464
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tahlequah, OK
As of Oct '25, the median home price in Tahlequah, OK is $188,000, with a year-over-year change of 0.8%. This indicates that home prices in Tahlequah, OK are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $188,000 | 0.8% |
| Single Family | $189,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $86,000 | -7.5% |
2 Bed | $123,000 | -3.9% |
3 Bed | $193,000 | 1.6% |
4 Bed | $272,000 | 1.9% |
| 5 Bed | $355,000 | 2.0% |
% of Housing Stock
Rental Trends — Tahlequah, OK
As of July '25, Rentcast reports the average rent in Tahlequah, OK is $1,090, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Tahlequah, OK is 1-bedrooms: $846, 2-bedrooms: $966, 3-bedrooms: $1,340, 4-bedrooms: $1,800. The most common rental property sizes in Tahlequah, OK are 2-bedroom and 3-bedroom, accounting for 40.8% and 25.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $846 |
| 2 Bed Rent | $948 | $966 |
| 3 Bed Rent | $1,250 | $1,340 |
| 4 Bed Rent | $1,800 | $1,800 |
% of Rental Stock
Property Listings — Tahlequah, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Tahlequah, OK is 58. This is a decrease of -10.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $274,000 | 2.0% |
Listing Count | 125 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 58 | -10.0% |
Demographics — Tahlequah, OK
As of the latest ACS Survey released in 2023, Tahlequah, OK has a population of 31,000, which has decreased by -1.3% over the past 5 years. Tahlequah, OK is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,000 | -1.3% |
% Under 18 | 21.0% | -7.1% |
% Seniors | 16.2% | 11.0% |
% WFH | 6.4% | 77.8% |
% w/ College Degree | 31.7% | 16.1% |
As of the latest ACS Survey released in 2023, Tahlequah, OK is a predominantly white area, with 41.3% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Tahlequah, OK is hispanic, making up 9.7% of the population. Foreign-born residents account for 4.1% of the population in Tahlequah, OK, and this percentage has decreased by 10.9% 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 | 41.3% | -9.4% |
% Black | 1.7% | 0.0% |
% Hispanic | 9.7% | 11.5% |
% Asian | 1.0% | 11.1% |
% Foreign Born | 4.1% | -10.9% |
Mortgage and Risk — Tahlequah, OK
According to HUD data as of 2023, there were 427 mortgage originations in Tahlequah, OK, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Tahlequah, OK. Investor activity is low, as 2.0% 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 | 427 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Tahlequah, OK
Tahlequah, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 260 |
Total Units Section 8 | 223 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $850 | $740 |
| 2 Bedroom | -$18 | $948 | $930 |
| 3 Bedroom | -$60 | $1,250 | $1,190 |
| 4 Bedroom | -$570 | $1,800 | $1,230 |
Affordability — Tahlequah, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $188,000 |
| Median Household Income | $51,400 |