Poteau, OK—74953
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Poteau, OK
Poteau, OK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $177,000 | 1.8% |
| Single Family | $178,000 | 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 | $76,000 | -8.4% |
3 Bed | $189,000 | 1.6% |
4 Bed | $296,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Poteau, OK
As of July '25, Rentcast reports the average rent in Poteau, OK is $738, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Poteau, OK is 1-bedrooms: $665, 2-bedrooms: $712, 3-bedrooms: $800. The most common rental property sizes in Poteau, OK are 2-bedroom and 3-bedroom, accounting for 41.4% and 35.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $738 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $665 | $665 |
| 2 Bed Rent | $700 | $712 |
| 3 Bed Rent | $650 | $800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Poteau, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Poteau, OK is 86. This is a increase of 29.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | 7.0% |
Listing Count | 60 | 80.0% |
| Listings as % of Homes | 0.8% | 80.0% |
Days on Market | 86 | 29.0% |
Demographics — Poteau, OK
As of the latest ACS Survey released in 2023, Poteau, OK has a population of 12,300, which has increased by 1.9% over the past 5 years. Poteau, OK is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | 1.9% |
% Under 18 | 25.7% | 10.8% |
% Seniors | 15.6% | -1.9% |
% WFH | 3.7% | 105.6% |
% w/ College Degree | 19.3% | -13.1% |
As of the latest ACS Survey released in 2023, Poteau, OK is a predominantly white area, with 69.6% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Poteau, OK is hispanic, making up 11.8% of the population. Foreign-born residents account for 6.8% of the population in Poteau, OK, and this percentage has increased by 23.6% 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 | 69.6% | -4.7% |
% Black | 1.1% | -26.7% |
% Hispanic | 11.8% | 10.3% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 6.8% | 23.6% |
Mortgage and Risk — Poteau, OK
According to HUD data as of 2023, there were 110 mortgage originations in Poteau, OK, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Poteau, OK. Investor activity is low, as 0.0% 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 | 110 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Poteau, OK
Poteau, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $95 | $665 | $760 |
| 2 Bedroom | $260 | $700 | $960 |
| 3 Bedroom | $680 | $650 | $1,330 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Poteau, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $177,000 |
| Median Household Income | $54,600 |