Newkirk, OK—74647
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newkirk, OK
As of Oct '25, the median home price in Newkirk, OK is $124,000, with a year-over-year change of 1.7%. This indicates that home prices in Newkirk, OK are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $124,000 | 1.7% |
| Single Family | $124,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $66,000 | -9.6% |
3 Bed | $149,000 | 4.2% |
4 Bed | $193,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newkirk, OK
Newkirk, 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 — Newkirk, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Newkirk, OK is 34. This is a decrease of -47.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | 88.0% |
Listing Count | 10 | -3.0% |
| Listings as % of Homes | 0.7% | -3.0% |
Days on Market | 34 | -47.0% |
Demographics — Newkirk, OK
As of the latest ACS Survey released in 2023, Newkirk, OK has a population of 3,400, which has decreased by -5.0% over the past 5 years. Newkirk, OK is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,400 | -5.0% |
% Under 18 | 24.6% | -0.4% |
% Seniors | 21.4% | 14.4% |
% WFH | 3.8% | 31.0% |
% w/ College Degree | 13.6% | 0.7% |
As of the latest ACS Survey released in 2023, Newkirk, OK is a predominantly white area, with 75.4% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Newkirk, OK is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.1% of the population in Newkirk, OK, and this percentage has increased by 10.0% 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 | 75.4% | -6.2% |
% Black | 0.2% | -71.4% |
% Hispanic | 4.8% | 60.0% |
% Asian | 0.5% | -58.3% |
% Foreign Born | 1.1% | 10.0% |
Mortgage and Risk — Newkirk, OK
According to HUD data as of 2023, there were 48 mortgage originations in Newkirk, OK, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Newkirk, OK. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Newkirk, OK
Newkirk, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 46 |
Total Units Section 8 | 0 |
% 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 | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,210 |
Affordability — Newkirk, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $124,000 |
| Median Household Income | $59,000 |