Woodward, OK—73801
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodward, OK
As of Oct '25, the median home price in Woodward, OK is $129,000, with a year-over-year change of 3.2%. This indicates that home prices in Woodward, OK are increasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $129,000 | 3.2% |
| Single Family | $129,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $67,000 | 1.5% |
3 Bed | $142,000 | 5.2% |
4 Bed | $238,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Woodward, OK
As of July '25, Rentcast reports the average rent in Woodward, OK is $888, with a year-over-year rent change of -14.6%. Per bedroom, the median rent as of July '25 in Woodward, OK is 1-bedrooms: $741, 2-bedrooms: $666, 3-bedrooms: $1,130. The most common rental property sizes in Woodward, OK are 3-bedroom and 2-bedroom, accounting for 38.3% and 36.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $888 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $632 | $741 |
| 2 Bed Rent | $432 | $666 |
| 3 Bed Rent | $1,200 | $1,130 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Woodward, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodward, OK is 90. This is a increase of 10.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $166,000 | -3.0% |
Listing Count | 83 | 0.0% |
| Listings as % of Homes | 0.9% | 0.0% |
Days on Market | 90 | 10.0% |
Demographics — Woodward, OK
As of the latest ACS Survey released in 2023, Woodward, OK has a population of 14,900, which has decreased by -4.0% over the past 5 years. Woodward, OK is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,900 | -4.0% |
% Under 18 | 24.2% | -11.0% |
% Seniors | 17.1% | 20.4% |
% WFH | 2.2% | -4.3% |
% w/ College Degree | 20.2% | 1.0% |
As of the latest ACS Survey released in 2023, Woodward, OK is a predominantly white area, with 75.1% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Woodward, OK is hispanic, making up 17.1% of the population. Foreign-born residents account for 5.6% of the population in Woodward, OK, and this percentage has decreased by 27.3% 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 | 75.1% | -4.8% |
% Black | 0.4% | -55.6% |
% Hispanic | 17.1% | 16.3% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 5.6% | -27.3% |
Mortgage and Risk — Woodward, OK
According to HUD data as of 2023, there were 164 mortgage originations in Woodward, OK, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Woodward, OK. Investor activity is low, as 11.0% 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 | 164 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Woodward, OK
Woodward, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $148 | $632 | $780 |
| 2 Bedroom | $588 | $432 | $1,020 |
| 3 Bedroom | $50 | $1,200 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Woodward, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $129,000 |
| Median Household Income | $65,500 |