Morrison, OK—73061
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morrison, OK
Morrison, OK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 3.5% |
| Single Family | $214,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $208,000 | 3.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morrison, OK
Morrison, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Morrison, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Morrison, OK is 49. This is a decrease of -45.0% 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 | $385,000 | 56.0% |
Listing Count | 3 | -59.0% |
| Listings as % of Homes | 0.5% | -59.0% |
Days on Market | 49 | -45.0% |
Demographics — Morrison, OK
As of the latest ACS Survey released in 2023, Morrison, OK has a population of 1,690, which has increased by 2.0% over the past 5 years. Morrison, OK is a popular place for families, as children make up 27.5% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,690 | 2.0% |
% Under 18 | 27.5% | -3.2% |
% Seniors | 13.7% | 21.2% |
% WFH | 7.0% | 12.9% |
% w/ College Degree | 26.6% | 0.0% |
As of the latest ACS Survey released in 2023, Morrison, OK is a predominantly white area, with 77.0% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Morrison, OK is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.2% of the population in Morrison, OK, and this percentage has decreased by 75.0% 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 | 77.0% | -8.7% |
% Black | 0.7% | 250.0% |
% Hispanic | 1.7% | -63.8% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 0.2% | -75.0% |
Mortgage and Risk — Morrison, OK
According to HUD data as of 2023, there were 22 mortgage originations in Morrison, OK, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Morrison, OK. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 22 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Morrison, OK
Morrison, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $1,030 |
| 2 Bedroom | N/A | N/A | $1,150 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,940 |
Affordability — Morrison, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $214,000 |
| Median Household Income | $85,200 |