Wanette, OK—74878
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wanette, OK
As of Oct '25, the median home price in Wanette, OK is $204,000, with a year-over-year change of 5.3%. This indicates that home prices in Wanette, OK are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | 5.4% |
| Single Family | $204,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $229,000 | 3.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wanette, OK
Wanette, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wanette, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Wanette, OK is 53. This is a decrease of -37.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $276,000 | -8.0% |
Listing Count | 9 | -37.0% |
| Listings as % of Homes | 0.5% | -37.0% |
Days on Market | 53 | -37.0% |
Demographics — Wanette, OK
As of the latest ACS Survey released in 2023, Wanette, OK has a population of 1,680, which has increased by 20.0% over the past 5 years. Wanette, OK is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,680 | 20.0% |
% Under 18 | 23.8% | 16.1% |
% Seniors | 27.1% | 68.3% |
% WFH | 12.9% | 316.1% |
% w/ College Degree | 23.7% | 141.8% |
As of the latest ACS Survey released in 2023, Wanette, OK is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Wanette, OK is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.4% of the population in Wanette, OK, and this percentage has decreased by 73.3% 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 | 82.6% | -2.4% |
% Black | 0.2% | ∞% |
% Hispanic | 2.7% | -12.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | -73.3% |
Mortgage and Risk — Wanette, OK
According to HUD data as of 2023, there were 45 mortgage originations in Wanette, OK, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Wanette, OK. Investor activity is low, as 9.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Wanette, OK
Wanette, 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 | $800 |
| 2 Bedroom | -$110 | $1,100 | $990 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Wanette, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $204,000 |
| Median Household Income | $70,800 |