Walters, OK73572

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$109,000
4.8% YoY Growth
Median Household Income
$57,500
7.7% 5-Year Growth
Days on Market
51
20.0% Longer than last year
Home Price Forecast
0.5%
Median 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

Property Listings — Walters, OK

As of Aug '25 and according to Realtor.com, the median days on market for a home in Walters, OK is 51. This is an increase of 20.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$205,000119.0%
Listing Count
14N/A
Listings as % of Homes0.7%N/A
Days on Market
5120.0%
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Demographics — Walters, OK

MetricLatest CensusYoY % Change
Population
3,190-12.1%
% Under 18
26.0%17.1%
% Under 5N/AN/A
% Seniors
15.0%-25.7%
% WFH
5.2%48.6%
% w/ College Degree
22.2%57.4%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
71.7%1.0%
% Black
0.5%-50.0%
% Hispanic
5.9%-26.3%
% Asian
0.1%∞%
% Foreign Born
0.8%100.0%
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Mortgage and Risk — Walters, OK

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Walters, OK in that year was 58. 76.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 80.0%. Of those, 22.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Walters, OK. Investor activity in Walters, OK is high, as 17.0% of all loans are originated by investors. In 2023, 7.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
58N/AN/A
% Conventional Loans
76.0%N/AN/A
% Government Loans
24.0%N/AN/A
% Investor Loans
17.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
7.0%N/AN/A
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Rentals and Section 8 — Walters, OK

As of 2024, the percent of homes in Walters, OK under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
33
Total Units Section 8
1
% Rentals under Section 8
0.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$910
3 BedroomN/AN/A$1,170
4 BedroomN/AN/A$1,410

Affordability — Walters, OK

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio1.6N/AN/A
Median Home Price$109,000N/AN/A
Median Household Income$57,500N/AN/A

Walters, OK — ZIP Code Boundary Map

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