Altus, OK 73521 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Altus, OK—73521

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$109,000

7.2% YoY Growth

Household Income

$59,900

36.0% YoY Growth

Days on Market

23.0% Longer YoY

Home Price Forecast

1.0%

Median Rent

$900

28.7% YoY Growth

1-Bed Rent

$450

30.2% YoY Growth

2-Bed Rent

$800

2.1% YoY Growth

3-Bed Rent

$975

15.9% YoY Growth

Home Price Trends — Altus, OK

As of Dec '25, the median home price in Altus, OK is $109,000, with a year-over-year change of -7.2%. This indicates that home prices in Altus, OK are decreasing. 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	$109,000	-7.2%
Single Family	$109,000	-6.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Altus, OK

As of July '25, Rentcast reports the average rent in Altus, OK is $1,220, with a year-over-year rent change of 28.7%. Per bedroom, the median rent as of July '25 in Altus, OK is studios: $541, 1-bedrooms: $450, 2-bedrooms: $788, 3-bedrooms: $1,220, 4-bedrooms: $2,130. The most common rental property sizes in Altus, OK are 3-bedroom and 2-bedroom, accounting for 38.0% and 34.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$1,220
Studio Rent	$541	$541
1 Bed Rent	$450	$450
2 Bed Rent	$800	$788
3 Bed Rent	$975	$1,220
4 Bed Rent	$2,200	$2,130

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% of Rental Stock

Studio

2.0%

1 Bedroom

16.1%

2 Bedrooms

34.5%

3 Bedrooms

38.0%

4 Bedrooms

8.2%

5+ Bedrooms

1.3%

Property Listings — Altus, OK

As of Dec '25, Realtor.com reports that the median days on market for a home in Altus, OK is 80. This is a increase of 25.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$224,000	-1.0%
Listing Count	120	16.0%
Listings as % of Homes	0.6%	16.0%
Days on Market	93	23.0%

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Demographics — Altus, OK

As of the latest ACS Survey released in 2023, Altus, OK has a population of 20,400, which has decreased by -1.6% over the past 5 years. Altus, OK is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,400	-1.6%
% Under 18	25.3%	2.0%
% Seniors	14.7%	8.9%
% WFH	4.5%	104.5%
% w/ College Degree	24.6%	12.3%

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As of the latest ACS Survey released in 2023, Altus, OK is a predominantly white area, with 59.8% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Altus, OK is hispanic, making up 26.0% of the population. Foreign-born residents account for 6.4% of the population in Altus, OK, and this percentage has decreased by 9.9% 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	59.8%	-1.3%
% Black	7.8%	-7.1%
% Hispanic	26.0%	3.6%
% Asian	1.5%	0.0%
% Foreign Born	6.4%	-9.9%

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Mortgage and Risk — Altus, OK

According to HUD data as of 2023, there were 275 mortgage originations in Altus, OK, of which 36.0% of loans were conventional mortgages. The average loan-to-value was 89.0%, with 60.0% above 90% LTV (very high). This implies large mortgage risk in Altus, OK. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	275
% Conventional Loans	36.0%
% Government Loans	64.0%
% Investor Loans	8.0%
% Second Loans	1.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Altus, OK

Altus, OK lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	189
Total Units Section 8	189
% Rentals under Section 8	N/A
% Occupied Section 8	91.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$260	$450	$710
2 Bedroom	$130	$800	$930
3 Bedroom	$285	$975	$1,260
4 Bedroom	-$650	$2,200	$1,550

Altus, OK—73521

Key Metrics at a Glance

Home Price Trends — Altus, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Altus, OK

% of Rental Stock

Property Listings — Altus, OK

Demographics — Altus, OK

Race and Ethnicity

Mortgage and Risk — Altus, OK

Mortgages

Rentals and Section 8 — Altus, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Altus, OK

Home Price to Income Ratio

Altus, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Hightower, OK

Martha

Headrick, OK

Olustee, OK

Warren, OK

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.8
Median Home Price	$109,000
Median Household Income	$59,900

Altus, OK—73521

Key Metrics at a Glance

Home Price Trends — Altus, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Altus, OK

% of Rental Stock

Property Listings — Altus, OK

Demographics — Altus, OK

Race and Ethnicity

Mortgage and Risk — Altus, OK

Mortgages

Rentals and Section 8 — Altus, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Altus, OK

Home Price to Income Ratio

Altus, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Hightower, OK

Martha

Headrick, OK

Olustee, OK

Warren, OK

Frequently Asked Questions

What is the average home price in Altus, OK 73521?

How have home prices in Altus, OK 73521 changed over the past year?

What is the home price projection for Altus, OK 73521?

What are the demographics of Altus, OK 73521?

How long does it take homes to sell in Altus, OK 73521?

What is the average rent price in Altus, OK 73521?