Real Estate Investing in Wagoner, Oklahoma

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 14,174 • Wagoner County

☆ Watch this market Free account

Should you buy in Wagoner, OK? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.8% of homes vacant — above national norms.

What’s happening in Wagoner, OK?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $95,971
Avg Monthly Rent $918
ZIP Codes 2

Investing in Wagoner Real Estate

Wagoner, OK covers 2 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

Wagoner is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Wagoner at $918/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Wagoner show real pressure — median income of $N/AK is lackluster relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Tulsa, OK

Wagoner is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Wagoner, OK. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Wagoner, OK?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$95,971
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (OK)

📉 Market Crash Risk Index

Based on Tulsa, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
54%
Days Pending
1/2
53 days

View all metro crash risk rankings →

❄️ Cool Market — Tulsa, OK metro
53
Days to pending
10.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Wagoner, OK

Screen every ZIP in Wagoner

Filter Wagoner’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Wagoner, OK

Is housing expensive in Wagoner, OK?

Typical homes in Wagoner, OK go for around $96K. The 5-year CAGR of 0.0% predictable price movement.

What approach is best for Wagoner, OK real estate?

For Wagoner, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What is the typical rental rate in Wagoner, OK?

Expect rents around $918/mo per month in Wagoner, OK. With home values at $96K, the yield math works out to reasonable levels for rental investors.

What is the typical vacancy rate in Wagoner, OK?

Expect elevated vacancy in Wagoner, OK. Rents at $918/mo are absorbed by the tenant base without meaningful lag.

What is it like being a landlord in Wagoner, OK?

Landlord-friendliness in Wagoner, OK is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Wagoner, OK.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.