What is the average home price in Tonkawa, OK 74653?

As of May '26, the median home price in Tonkawa, OK 74653 is $103,000, based on Zillow home estimates.

How have home prices in Tonkawa, OK 74653 changed over the past year?

As of May '26, home prices have decreased 5.8% over the past year, according to Zillow home estimates data.

What is the home price projection for Tonkawa, OK 74653?

As of May '26, Zillow projects home prices in Tonkawa, OK 74653 to increase 0.1% in the next year.

What are the demographics of Tonkawa, OK 74653?

According to the latest Census, the demographics of Tonkawa, OK 74653 are 70.0% White, 0.3% Black, 0.9% Asian, 8.4% Hispanic. The population is 3,690, with 26.1% under 18 years old.

How long does it take homes to sell in Tonkawa, OK 74653?

According to Realtor.com, as of May '26, the median home in Tonkawa, OK 74653 is on the market for 68 days. This is a decrease of 1.0% from last year.

What is the average rent price in Tonkawa, OK 74653?

The average rent price in Tonkawa, OK 74653, as of the latest data, is $664. The average rent for 1 bedroom homes is $625. For 2, 3, and 4 bedroom homes, the average rent is $672, N/A, and N/A respectively.

Tonkawa, OK 74653 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Tonkawa, OK—74653

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$103,000

5.8% YoY Growth

Household Income

$58,300

28.7% YoY Growth

Days on Market

1.0% Shorter YoY

Home Price Forecast

0.1%

Median Rent

$645

2.4% YoY Growth

1-Bed Rent

$625

N/A

2-Bed Rent

$675

1.2% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Tonkawa, OK

As of May '26, the median home price in Tonkawa, OK is $103,000, with a year-over-year change of -5.8%. This indicates that home prices in Tonkawa, OK are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$103,000	-5.8%
Single Family	$103,000	-5.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tonkawa, OK

As of July '25, Rentcast reports the average rent in Tonkawa, OK is $664, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Tonkawa, OK is 1-bedrooms: $625, 2-bedrooms: $672. The most common rental property sizes in Tonkawa, OK are 2-bedroom and 3-bedroom, accounting for 38.9% and 38.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$645	$664
Studio Rent	N/A	N/A
1 Bed Rent	$625	$625
2 Bed Rent	$675	$672
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

0.8%

1 Bedroom

10.5%

2 Bedrooms

38.9%

3 Bedrooms

38.1%

4 Bedrooms

10.5%

5+ Bedrooms

1.3%

Property Listings — Tonkawa, OK

As of May '26, Realtor.com reports that the median days on market for a home in Tonkawa, OK is 68. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$134,000	-8.0%
Listing Count	21	18.0%
Listings as % of Homes	0.5%	18.0%
Days on Market	68	-1.0%

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Demographics — Tonkawa, OK

As of the latest ACS Survey released in 2023, Tonkawa, OK has a population of 3,690, which has decreased by -1.4% over the past 5 years. Tonkawa, OK is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,690	-1.4%
% Under 18	26.1%	-1.9%
% Seniors	19.5%	24.2%
% WFH	5.4%	58.8%
% w/ College Degree	21.9%	6.8%

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As of the latest ACS Survey released in 2023, Tonkawa, OK is a predominantly white area, with 70.0% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Tonkawa, OK is hispanic, making up 8.4% of the population. Foreign-born residents account for 3.2% of the population in Tonkawa, OK, and this percentage has decreased by 5.9% 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	70.0%	-4.6%
% Black	0.3%	-57.1%
% Hispanic	8.4%	1.2%
% Asian	0.9%	-10.0%
% Foreign Born	3.2%	-5.9%

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Mortgage and Risk — Tonkawa, OK

According to HUD data as of 2023, there were 40 mortgage originations in Tonkawa, OK, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Tonkawa, OK. Investor activity is low, as 15.0% 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	40
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	15.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Tonkawa, OK

Tonkawa, 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	$95	$625	$720
2 Bedroom	$235	$675	$910
3 Bedroom	N/A	N/A	$1,200
4 Bedroom	N/A	N/A	$1,370

Tonkawa, OK—74653

Key Metrics at a Glance

Home Price Trends — Tonkawa, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tonkawa, OK

% of Rental Stock

Property Listings — Tonkawa, OK

Demographics — Tonkawa, OK

Race and Ethnicity

Mortgage and Risk — Tonkawa, OK

Mortgages

Rentals and Section 8 — Tonkawa, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Tonkawa, OK

Home Price to Income Ratio

Tonkawa, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Blackwell, OK

Billings, OK

Nardin, OK

Ponca City, OK

Red Rock, OK

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2
Median Home Price	$103,000
Median Household Income	$58,300