Perkins, OK—74059
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Perkins, OK
Home Price Trends — Perkins, OK
As of Nov '25, the median home price in Perkins, OK is $214,000, with a year-over-year change of 4.9%. This indicates that home prices in Perkins, OK are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 4.9% |
| Single Family | $214,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 2.8% |
3 Bed | $206,000 | 4.6% |
4 Bed | $262,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Perkins, OK
As of July '25, Rentcast reports the average rent in Perkins, OK is $900, with a year-over-year rent change of -26.2%. Per bedroom, the median rent as of July '25 in Perkins, OK is 2-bedrooms: $650, 3-bedrooms: $1,020. The most common rental property sizes in Perkins, OK are 3-bedroom and 2-bedroom, accounting for 45.8% and 39.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $650 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $650 | $650 |
| 3 Bed Rent | $650 | $1,020 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Perkins, OK
As of Nov '25, Realtor.com reports that the median days on market for a home in Perkins, OK is 46. This is a decrease of -4.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 44.0% |
Listing Count | 28 | -30.0% |
| Listings as % of Homes | 0.9% | -30.0% |
Days on Market | 46 | -4.0% |
Demographics — Perkins, OK
As of the latest ACS Survey released in 2023, Perkins, OK has a population of 5,850, which has increased by 3.4% over the past 5 years. Perkins, OK is a popular place for families, as children make up 30.1% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,850 | 3.4% |
% Under 18 | 30.1% | 3.1% |
% Seniors | 15.6% | -1.9% |
% WFH | 7.3% | 49.0% |
% w/ College Degree | 27.8% | 0.0% |
As of the latest ACS Survey released in 2023, Perkins, OK is a predominantly white area, with 85.2% of the population identifying as white. The white population has grown by 4.8% in the last 5 years. The second most common race or ethnicity in Perkins, OK is hispanic, making up 6.6% of the population. Foreign-born residents account for 3.0% of the population in Perkins, OK, and this percentage has increased by 66.7% 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 | 85.2% | 4.8% |
% Black | 0.2% | -96.7% |
% Hispanic | 6.6% | 127.6% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 3.0% | 66.7% |
Mortgage and Risk — Perkins, OK
According to HUD data as of 2023, there were 60 mortgage originations in Perkins, OK, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Perkins, OK. Investor activity is low, as 7.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 7.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Perkins, OK
Perkins, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $340 | $650 | $990 |
| 3 Bedroom | $660 | $650 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Perkins, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $214,000 |
| Median Household Income | $53,900 |