Heavener, OK—74937
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Heavener, OK
Heavener, OK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $116,000 | 2.9% |
| Single Family | $116,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $70,000 | 4.5% |
3 Bed | $133,000 | 3.1% |
4 Bed | $200,000 | 6.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Heavener, OK
As of July '25, Rentcast reports the average rent in Heavener, OK is $675, with a year-over-year rent change of 26.2%. Per bedroom, the median rent as of July '25 in Heavener, OK is 3-bedrooms: $675. The most common rental property sizes in Heavener, OK are 3-bedroom and 2-bedroom, accounting for 43.6% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $675 | $675 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $675 | $675 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Heavener, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Heavener, OK is 72. This is a decrease of -12.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $272,000 | 15.0% |
Listing Count | 24 | -12.0% |
| Listings as % of Homes | 0.4% | -12.0% |
Days on Market | 72 | -12.0% |
Demographics — Heavener, OK
As of the latest ACS Survey released in 2023, Heavener, OK has a population of 5,180, which has decreased by -5.6% over the past 5 years. Heavener, OK is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,180 | -5.6% |
% Under 18 | 26.4% | 2.3% |
% Seniors | 17.0% | 1.8% |
% WFH | 4.7% | 104.3% |
% w/ College Degree | 14.1% | 62.1% |
As of the latest ACS Survey released in 2023, Heavener, OK is a predominantly white area, with 58.9% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Heavener, OK is hispanic, making up 20.5% of the population. Foreign-born residents account for 9.1% of the population in Heavener, OK, and this percentage has decreased by 28.9% 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 | 58.9% | -3.1% |
% Black | 1.0% | 233.3% |
% Hispanic | 20.5% | -3.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 9.1% | -28.9% |
Mortgage and Risk — Heavener, OK
According to HUD data as of 2023, there were 72 mortgage originations in Heavener, OK, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Heavener, OK. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Heavener, OK
Heavener, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 40 |
Total Units Section 8 | 2 |
% 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 | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | $585 | $675 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Heavener, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $116,000 |
| Median Household Income | $45,200 |