Shawnee, OK—74804
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Shawnee, OK
Home Price Trends — Shawnee, OK
As of Oct '25, the median home price in Shawnee, OK is $221,000, with a year-over-year change of 2.6%. This indicates that home prices in Shawnee, OK are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 2.6% |
| Single Family | $221,000 | 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 | $115,000 | 1.8% |
3 Bed | $216,000 | 3.3% |
4 Bed | $291,000 | 2.8% |
| 5 Bed | $322,000 | 1.6% |
% of Housing Stock
Rental Trends — Shawnee, OK
As of July '25, Rentcast reports the average rent in Shawnee, OK is $1,330, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Shawnee, OK is studios: $1,400, 1-bedrooms: $761, 2-bedrooms: $1,110, 3-bedrooms: $1,430, 4-bedrooms: $1,820. The most common rental property sizes in Shawnee, OK are 3-bedroom and 2-bedroom, accounting for 40.1% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,330 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $759 | $761 |
| 2 Bed Rent | $900 | $1,110 |
| 3 Bed Rent | $1,500 | $1,430 |
| 4 Bed Rent | $1,740 | $1,820 |
% of Rental Stock
Property Listings — Shawnee, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Shawnee, OK is 38. This is a increase of 26.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 18.0% |
Listing Count | 159 | -4.0% |
| Listings as % of Homes | 1.0% | -4.0% |
Days on Market | 38 | 26.0% |
Demographics — Shawnee, OK
As of the latest ACS Survey released in 2023, Shawnee, OK has a population of 22,400, which has increased by 7.4% over the past 5 years. Shawnee, OK is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 7.4% |
% Under 18 | 22.9% | 2.7% |
% Seniors | 16.8% | -1.2% |
% WFH | 7.8% | 160.0% |
% w/ College Degree | 28.5% | 7.5% |
As of the latest ACS Survey released in 2023, Shawnee, OK is a predominantly white area, with 69.9% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Shawnee, OK is hispanic, making up 6.1% of the population. Foreign-born residents account for 2.7% of the population in Shawnee, OK, and this percentage has decreased by 20.6% 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 | 69.9% | -4.8% |
% Black | 4.0% | 29.0% |
% Hispanic | 6.1% | 7.0% |
% Asian | 0.9% | -35.7% |
% Foreign Born | 2.7% | -20.6% |
Mortgage and Risk — Shawnee, OK
According to HUD data as of 2023, there were 390 mortgage originations in Shawnee, OK, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Shawnee, OK. Investor activity is low, as 3.0% 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 | 390 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Shawnee, OK
Shawnee, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 351 |
Total Units Section 8 | 220 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$9 | $759 | $750 |
| 2 Bedroom | $90 | $900 | $990 |
| 3 Bedroom | -$190 | $1,500 | $1,310 |
| 4 Bedroom | -$190 | $1,740 | $1,550 |
Affordability — Shawnee, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $221,000 |
| Median Household Income | $66,500 |