Sallisaw, OK—74955
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sallisaw, OK
Home Price Trends — Sallisaw, OK
As of Oct '25, the median home price in Sallisaw, OK is $176,000, with a year-over-year change of 3.1%. This indicates that home prices in Sallisaw, OK are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $176,000 | 3.2% |
| Single Family | $177,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $108,000 | 3.8% |
3 Bed | $183,000 | 2.8% |
4 Bed | $299,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sallisaw, OK
As of July '25, Rentcast reports the average rent in Sallisaw, OK is $658, with a year-over-year rent change of -12.3%. Per bedroom, the median rent as of July '25 in Sallisaw, OK is 1-bedrooms: $616, 2-bedrooms: $615, 4-bedrooms: $950. The most common rental property sizes in Sallisaw, OK are 3-bedroom and 2-bedroom, accounting for 42.1% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $595 | $658 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $495 | $616 |
| 2 Bed Rent | $625 | $615 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $950 | $950 |
% of Rental Stock
Property Listings — Sallisaw, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Sallisaw, OK is 54. 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | -16.0% |
Listing Count | 77 | 4.0% |
| Listings as % of Homes | 0.7% | 4.0% |
Days on Market | 54 | -10.0% |
Demographics — Sallisaw, OK
As of the latest ACS Survey released in 2023, Sallisaw, OK has a population of 14,300, which has decreased by -5.4% over the past 5 years. Sallisaw, OK is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | -5.4% |
% Under 18 | 26.8% | 3.5% |
% Seniors | 18.3% | 5.2% |
% WFH | 4.6% | 130.0% |
% w/ College Degree | 15.7% | 18.9% |
As of the latest ACS Survey released in 2023, Sallisaw, OK is a predominantly white area, with 59.9% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Sallisaw, OK is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.5% of the population in Sallisaw, OK, and this percentage has decreased by 40.0% 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 | 59.9% | -2.3% |
% Black | 1.5% | 114.3% |
% Hispanic | 4.8% | 17.1% |
% Asian | 0.5% | -37.5% |
% Foreign Born | 1.5% | -40.0% |
Mortgage and Risk — Sallisaw, OK
According to HUD data as of 2023, there were 210 mortgage originations in Sallisaw, OK, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Sallisaw, OK. Investor activity is low, as 1.0% 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 | 210 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Sallisaw, OK
Sallisaw, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 166 |
Total Units Section 8 | 166 |
% Rentals under Section 8 | 8.9% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $205 | $495 | $700 |
| 2 Bedroom | $295 | $625 | $920 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | $560 | $950 | $1,510 |
Affordability — Sallisaw, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $176,000 |
| Median Household Income | $52,200 |