Chester, OK—73838
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chester, OK
Chester, OK lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $258,000 | 0.8% |
| Single Family | N/A | N/A |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chester, OK
Chester, 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 — Chester, OK
Chester, OK lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $375,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.3% | N/A |
Days on Market | 192 | N/A |
Demographics — Chester, OK
As of the latest ACS Survey released in 2023, Chester, OK has a population of 634, which has increased by 83.8% over the past 5 years. Chester, OK is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 634 | 83.8% |
% Under 18 | 18.1% | 19.9% |
% Seniors | 23.8% | 26.6% |
% WFH | 1.3% | ∞% |
% w/ College Degree | 27.1% | 34.8% |
As of the latest ACS Survey released in 2023, Chester, OK is a predominantly white area, with 90.4% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Chester, OK is hispanic, making up 2.1% of the population. Foreign-born residents account for 2.7% of the population in Chester, OK, and this percentage has increased by 17.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.4% | 2.3% |
% Black | 0.0% | N/A |
% Hispanic | 2.1% | -8.7% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.7% | 17.4% |
Mortgage and Risk — Chester, OK
According to HUD data as of 2023, there were 7 mortgage originations in Chester, OK, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Chester, OK. Investor activity is low, as 14.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 7 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 14.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Rentals and Section 8 — Chester, OK
Chester, 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 | $830 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,690 |
Affordability — Chester, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $258,000 |
| Median Household Income | $82,000 |