Colbert, OK—74733
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colbert, OK
As of Oct '25, the median home price in Colbert, OK is $194,000, with a year-over-year change of 1.4%. This indicates that home prices in Colbert, OK are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | 1.4% |
| Single Family | $195,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | -0.7% |
3 Bed | $213,000 | 1.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Colbert, OK
As of July '25, Rentcast reports the average rent in Colbert, OK is $1,300, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Colbert, OK is 1-bedrooms: $1,300. The most common rental property sizes in Colbert, OK are 3-bedroom and 2-bedroom, accounting for 47.6% and 45.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 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 — Colbert, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Colbert, OK is 128. This is a increase of 252.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | -19.0% |
Listing Count | 17 | 42.0% |
| Listings as % of Homes | 0.5% | 42.0% |
Days on Market | 128 | 252.0% |
Demographics — Colbert, OK
As of the latest ACS Survey released in 2023, Colbert, OK has a population of 3,210, which has increased by 1.6% over the past 5 years. Colbert, OK is a popular place for families, as children make up 27.1% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,210 | 1.6% |
% Under 18 | 27.1% | 19.4% |
% Seniors | 13.9% | -36.8% |
% WFH | 13.2% | 312.5% |
% w/ College Degree | 16.7% | -8.7% |
As of the latest ACS Survey released in 2023, Colbert, OK is a predominantly white area, with 72.5% of the population identifying as white. The white population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Colbert, OK is hispanic, making up 7.2% of the population. Foreign-born residents account for 6.7% of the population in Colbert, OK, and this percentage has increased by 857.1% 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 | 72.5% | -8.5% |
% Black | 5.8% | 3.6% |
% Hispanic | 7.2% | 10.8% |
% Asian | 0.3% | ∞% |
% Foreign Born | 6.7% | 857.1% |
Mortgage and Risk — Colbert, OK
According to HUD data as of 2023, there were 85 mortgage originations in Colbert, OK, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Colbert, OK. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 85 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Colbert, OK
Colbert, 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 | -$610 | $1,300 | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — Colbert, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $194,000 |
| Median Household Income | $57,400 |