Real Estate Investing in Sharon, Oklahoma (73857)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 73857 (Sharon, OK)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.8% of homes vacant — above national norms.
- Elevated poverty: 30.6% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Sharon, OK (73857)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 73857 Sharon
ZIP 73857 inside Woodward County looks affordable on the surface — median value of $198K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $198K asset, 73857 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within OK, ZIP 73857 trails on several market indicators that neighboring Woodward County submarkets outperform. The gap is real and robust enough to shape underwriting.
Employment concentration in 73857 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Sharon:
Market Trends
Home Value History (with trend line)
📊 How Does 73857 Compare?
| Metric | 73857 | Sharon | Woodward, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $197,854 | $197,854 | N/A | $214,563 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 6.9% |
| Avg Rent | $1,107 | $1,107 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 73857 (Sharon, OK). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 73857 (Sharon, OK)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $197,854 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 73857
Population: 1,031
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 73857
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is real estate in Sharon, OK a good investment right now?
Sharon, OK scores 3.0/5 for investability. Home values sit at $198K and rents near $1,107/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the smart move for investors in Sharon, OK?
In Sharon, OK the durable play is typically careful cash-flow rentals with hands-on management. The combination of $198K prices and $1,107/mo rents suits that approach.
Are renters plentiful in Sharon, OK?
Sharon, OK draws a measured base of working renters. Demand at the $1,107/mo rent level is reasonable for standard single-family and small multi rentals.
Is Sharon, OK good for house hacking?
The house hack math a challenging in Sharon, OK. Owner-occupant buyers benefit from the $1,107/mo rents and $198K home values.
How quickly do rentals get leased in Sharon, OK?
Vacancy risk in Sharon, OK is elevated. That supports measured cash flow for typical rental holds.
You know 73857 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 73857 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 73857 ranks in Woodward, OK
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 73857 (Sharon)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 73857 (Sharon, OK).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.