Porum, OK—74455
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Porum, OK
As of Oct '25, the median home price in Porum, OK is $197,000, with a year-over-year change of -0.8%. This indicates that home prices in Porum, OK are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | -0.8% |
| Single Family | $198,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | -0.7% |
3 Bed | $236,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Porum, OK
Porum, 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 — Porum, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Porum, OK is 125. This is a increase of 75.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | 29.0% |
Listing Count | 18 | 63.0% |
| Listings as % of Homes | 0.7% | 63.0% |
Days on Market | 125 | 75.0% |
Demographics — Porum, OK
As of the latest ACS Survey released in 2023, Porum, OK has a population of 2,720, which has decreased by -12.2% over the past 5 years. Porum, OK is a popular place for families, as children make up 26.9% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,720 | -12.2% |
% Under 18 | 26.9% | 10.2% |
% Seniors | 19.8% | -7.9% |
% WFH | 8.7% | 31.8% |
% w/ College Degree | 15.6% | 36.8% |
As of the latest ACS Survey released in 2023, Porum, OK is a predominantly white area, with 72.6% of the population identifying as white. The white population has grown by 12.4% in the last 5 years. The second most common race or ethnicity in Porum, OK is hispanic, making up 1.7% of the population. Foreign-born residents account for 0.6% of the population in Porum, OK, and this percentage has decreased by 33.3% 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 | 72.6% | 12.4% |
% Black | 0.6% | ∞% |
% Hispanic | 1.7% | -61.4% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 0.6% | -33.3% |
Mortgage and Risk — Porum, OK
According to HUD data as of 2023, there were 35 mortgage originations in Porum, OK, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Porum, OK. Investor activity is low, as 6.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Porum, OK
Porum, 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 | $710 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Porum, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $197,000 |
| Median Household Income | $49,700 |