Real Estate Investing in Oologah, Oklahoma (74053)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74053 (Oologah, OK)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oologah, OK (74053)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74053 Oologah
ZIP 74053 inside Rogers County looks affordable on the surface — median value of $299K — but the discount exists for reasons that a careful buyer should understand before committing.
On the rental side, the numbers look inviting — $299K purchase price, 0.0% nominal cap — the work to hit that pro forma in 74053 is substantial and deserves full respect.
ZIP 74053's metrics run below Rogers County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 74053 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 74053 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Oologah:
Property Strategy for 74053
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $263,283 | $1,490 | 4.1% | +7.3% | $87,761 |
| 4BR | $392,303 | $1,730 | 3.2% | +7.5% | $98,076 |
Market Trends
Home Value History (with trend line)
📊 How Does 74053 Compare?
| Metric | 74053 | Oologah | Tulsa, OK | Oklahoma |
|---|---|---|---|---|
| Home Value | $299,453 | $299,453 | N/A | $214,563 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.9% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 74053 (Oologah, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $299,453 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (2.7%). 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 74053
Population: 5,541
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 74053
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
Investor Insight: With 618 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Oologah, OK?
The typical rental in Oologah, OK commands about $1,017/mo monthly. That rent profile reliable cash flow against the $299K purchase basis.
Are there empty rentals in Oologah, OK?
Vacancy in Oologah, OK is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,017/mo.
Does Oologah, OK make sense for an investment property?
With a 3.0/5 investability score, Oologah, OK ranks as a solid market for rental property investors. Median prices of $299K and rents of $1,017/mo drive the underlying numbers.
How do landlord-tenant laws work in Oologah, OK?
OK law landlord-friendly for landlords, and Oologah inherits those rules. Investors should still review local ordinances for rental licensing.
What is the median home value in Oologah, OK?
Expect median prices around $299K in Oologah, OK. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
You know 74053 now. You don’t know where it ranks.
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How 74053 ranks in Tulsa, OK
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