Real Estate Investing in Pryor, Oklahoma (74361)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74361 (Pryor, 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.
- Elevated vacancy: 10.6% vacancy may signal weakening demand.
What’s happening in Pryor, OK (74361)?
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Market Analysis: 74361 Pryor
The 74361 ZIP covers a section of Pryor that demands careful diligence. Prices near $221K look accessible, but the work to make a deal cash flow is real.
The 74361 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 74361 among OK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 74361 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 74361 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Pryor:
Property Strategy for 74361
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $122,700 | $990 | 5.8% | +5.7% | $61,350 |
| 3BR | $217,322 | $1,300 | 4.3% | +7.9% | $72,441 |
| 4BR | $338,091 | $1,490 | 3.2% | +8.0% | $84,523 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 74361 Compare?
| Metric | 74361 | Pryor | Oklahoma |
|---|---|---|---|
| Home Value | $220,611 | $220,611 | $214,563 |
| 5-Year CAGR | 5.8% | 5.8% | 6.9% |
| Avg Rent | $1,207 | $1,207 | - |
| Cap Rate | 4.3% | 4.3% | - |
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 74361 (Pryor, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $220,611 |
| Monthly Rent | $1,207 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (4.3%). 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 74361
Population: 17,582
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 74361
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 818 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Pryor, OK?
Typical homes in Pryor, OK go for around $221K. The 5-year CAGR of 0.0% reliable price movement.
What is the tenant pool like in Pryor, OK?
Tenant quality in Pryor, OK ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,207/mo.
Is OK a landlord-friendly state?
Pryor, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How viable is house hacking in Pryor, OK?
House hacking works a challenging in Pryor, OK. Rents of $1,207/mo against $221K acquisition make the strategy solid for owner-occupants.
How should investors approach Pryor, OK?
The best-fit strategy in Pryor, OK is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 74361 now. You don’t know where it ranks.
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