Fair Oaks, OK74015

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$269,000
2.6% YoY Growth
Median Household Income
$72,700
25.9% 5-Year Growth
Days on Market
82
6.0% Shorter than last year
Home Price Forecast
1.8%
Median Rent
$1,300
30.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
3.2% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Fair Oaks, OK

As of Oct '25, Realtor.com reports that the median days on market for a home in Fair Oaks, OK is 82. This is a decrease of -6.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$362,000-8.0%
Listing Count
29-1.0%
Listings as % of Homes0.6%-1.0%
Days on Market
82-6.0%
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Demographics — Fair Oaks, OK

As of the latest ACS Survey released in 2023, Fair Oaks, OK has a population of 8,650, which has decreased by -2.0% over the past 5 years. Fair Oaks, OK is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,650-2.0%
% Under 18
21.5%-2.7%
% Seniors
15.0%3.4%
% WFH
6.6%312.5%
% w/ College Degree
21.8%11.2%
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As of the latest ACS Survey released in 2023, Fair Oaks, OK is a predominantly white area, with 62.8% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Fair Oaks, OK is hispanic, making up 11.2% of the population. Foreign-born residents account for 4.1% of the population in Fair Oaks, OK, and this percentage has increased by 17.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
62.8%-11.3%
% Black
0.6%-57.1%
% Hispanic
11.2%124.0%
% Asian
2.0%400.0%
% Foreign Born
4.1%17.1%
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Mortgage and Risk — Fair Oaks, OK

According to HUD data as of 2023, there were 48 mortgage originations in Fair Oaks, OK, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Fair Oaks, OK. Investor activity is low, as 6.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
48
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
19.0%

Loan Activity

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Rentals and Section 8 — Fair Oaks, OK

Fair Oaks, OK lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
67
Total Units Section 8
63
% Rentals under Section 8
6.0%
% Occupied Section 8
96.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$980
2 Bedroom-$80$1,300$1,220
3 BedroomN/AN/A$1,610
4 Bedroom-$1,040$2,900$1,860

Affordability — Fair Oaks, OK

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$269,000
Median Household Income$72,700

Fair Oaks, OK — ZIP Code Boundary Map

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Frequently Asked Questions