Spiro, OK—74959
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spiro, OK
Spiro, OK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $144,000 | 0.5% |
| Single Family | $144,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $80,000 | -5.9% |
3 Bed | $156,000 | 2.0% |
4 Bed | $257,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Spiro, OK
Spiro, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $725 | $725 |
| 3 Bed Rent | $1,000 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spiro, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Spiro, OK is 68. This is a decrease of -44.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $182,000 | -30.0% |
Listing Count | 15 | 12.0% |
| Listings as % of Homes | 0.5% | 12.0% |
Days on Market | 68 | -44.0% |
Demographics — Spiro, OK
As of the latest ACS Survey released in 2023, Spiro, OK has a population of 6,160, which has decreased by -13.9% over the past 5 years. Spiro, OK is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,160 | -13.9% |
% Under 18 | 22.6% | 0.4% |
% Seniors | 17.9% | -2.2% |
% WFH | 5.8% | 625.0% |
% w/ College Degree | 11.6% | -18.9% |
As of the latest ACS Survey released in 2023, Spiro, OK is a predominantly white area, with 71.6% of the population identifying as white. The white population has grown by 5.4% in the last 5 years. The second most common race or ethnicity in Spiro, OK is black, making up 4.4% of the population. Foreign-born residents account for 1.2% of the population in Spiro, OK, and this percentage has decreased by 7.7% 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 | 71.6% | 5.4% |
% Black | 4.4% | -39.7% |
% Hispanic | 4.0% | -7.0% |
% Asian | 0.9% | 125.0% |
% Foreign Born | 1.2% | -7.7% |
Mortgage and Risk — Spiro, OK
According to HUD data as of 2023, there were 43 mortgage originations in Spiro, OK, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Spiro, OK. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Spiro, OK
Spiro, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% 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 | $770 |
| 2 Bedroom | $245 | $725 | $970 |
| 3 Bedroom | $340 | $1,000 | $1,340 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Spiro, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $144,000 |
| Median Household Income | $53,600 |