Real Estate Investing in Tahlequah, Oklahoma (74464)

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

Cherokee County • Population: 30,990 • Data updated: September 2026

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Should you buy in 74464 (Tahlequah, OK)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 13.4% of homes vacant — above national norms.

What’s happening in Tahlequah, OK (74464)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $202,582
Avg Monthly Rent $1,129
1% Rule ✗ Does Not Meet
Median Income $49,755
% Renters 43.2%

Market Analysis: 74464 Tahlequah

Not every below-median market is a bargain. Tahlequah's 74464 ZIP records signals that favor experienced operators who can absorb the risk $203K pricing implies.

The investment case in 74464 is healthy only for operators who understand what they are buying. A $203K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 74464 among OK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

On the rental side, 30,990 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Tahlequah's stable or hybrid ZIPs before stepping into 74464. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Tahlequah:

B Good
Buy Confidence Score: 71/100
Affordability
15/25
Appreciation
22/25
Stability
13/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+9.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,129/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Tahlequah, OK Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Tahlequah, OK metro data
🏠

Property Strategy for 74464

Which property type performs best in this market?

Best for Cash Flow
1BR
6.6% cap rate
Best for Appreciation
2BR
+7.9% 5yr CAGR
Best Overall Value
2BR
$61,633/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $86,467 $790 6.6% +1.1% $86,467
2BR $123,266 $970 5.7% +7.9% $61,633
3BR $193,321 $1,240 4.6% +7.8% $64,440
4BR $271,649 $1,280 3.4% +7.3% $67,912
5BR $355,129 +6.5% $71,026

Market Trends

Home Value History (with trend line)

$211K$188K$164K$141K$117K$94KMar 2006May 2016Jul 2026

Rent History (with trend line)

$1,183$1,134$1,084$1,035$986$937Aug 2024Aug 2025Jul 2026

📊 How Does 74464 Compare?

Metric 74464 Tahlequah Tahlequah, OK Oklahoma
Home Value $202,582 $202,582 N/A $214,563
5-Year CAGR 6.2% 6.2% N/A 6.9%
Avg Rent $1,129 $1,129 N/A -
Cap Rate 4.4% 4.4% - -
💡 Why Invest in 74464? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 43% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 74464 (Tahlequah, OK). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.4%
Fair
5yr Growth
+6.2%
Strong

📉 Market Crash Risk Index

Based on Tahlequah, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
62%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $202,582
Monthly Rent $1,129
Price-to-Rent 15.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.7%
Cap Rate 4.4%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year +9.7% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +6.2% ▲
10-Year CAGR +6.5% ▲

🏠 Rent Trends

1-Year +6.2% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
13.4%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.2%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 74464

Population: 30,990

💰 Median Household Income
$49,755
This area
$49,755
State
$58,994
USA
$74,580
🏠 Renter Occupied
43.2%
This area
43.2%
State
25.6%
USA
34.0%
💼 Unemployment Rate
3.8%
This area
3.8%
State
-1.8%
USA
3.7%
🎓 College Educated
31.3%
This area
31.3%
State
14.2%
USA
33.7%
👤 Median Age
33.2 years
This area
33.2 years
State
30.2 years
USA
38.9 years
🏚️ Vacancy Rate
13.4%
This area
13.4%
State
20.2%
USA
10.5%
👥 Population by Ethnicity
Other/Mixed 51.8%
White 45.7%
Hispanic/Latino 4.6%
Black/African American 1.4%
Asian 1.0%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
15.5%
This area
15.5%
USA
17.3%
📊 Poverty Rate
14.8%
This area
14.8%
USA
11.5%

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 74464

B+ Avg School Grade
11 Schools
43.3:1 Avg Class Size
$14,114 Avg Per Pupil

Schools in This ZIP Code

A Very Good

CHEROKEE ES

📚 K – 05 Elementary
👥
425 Students
👨‍🏫
14.3:1 Class Size
💰
$14,176 Per Student
A Very Good

GRAND VIEW PUBLIC SCHOOL

📚 Pre-K – 08 School
👥
522 Students
👨‍🏫
13.1:1 Class Size
💰
$15,874 Per Student
A Very Good

LOWREY PUBLIC SCHOOL

📚 Pre-K – 08 School
👥
95 Students
👨‍🏫
9.4:1 Class Size
💰
$17,807 Per Student
B+ Above Average

GREENWOOD ES

📚 K – 05 Elementary
👥
501 Students
👨‍🏫
15.6:1 Class Size
💰
$14,176 Per Student
B+ Above Average

HERITAGE ES

📚 K – 05 Elementary
👥
490 Students
👨‍🏫
15.1:1 Class Size
💰
$14,176 Per Student
B+ Above Average

TAHLEQUAH MS

📚 06 – 08 Middle
👥
693 Students
👨‍🏫
15.2:1 Class Size
💰
$14,176 Per Student
B+ Above Average

WOODALL PUBLIC SCHOOL

📚 Pre-K – 08 School
👥
385 Students
👨‍🏫
14.3:1 Class Size
💰
$11,220 Per Student
B Good

BRIGGS PUBLIC SCHOOL

📚 Pre-K – 08 School
👥
395 Students
👨‍🏫
15.8:1 Class Size
💰
$11,186 Per Student
B Good

TAHLEQUAH HS

📚 09 – 12 High School
👥
1,341 Students
👨‍🏫
15.8:1 Class Size
💰
$14,176 Per Student
B Good

SEQUOYAH ES

📚 Grade PK Elementary
👥
160 Students
👨‍🏫
20.0:1 Class Size
💰
$14,176 Per Student
C Below Average

Sequoyah High School

📚 09 – 12 High School
👥
328 Students
👨‍🏫
328.0:1 Class Size
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

1 Nearby 814 Off-Campus Students
C
Northeastern State University
6,466 students · 1.7 mi

Investor Insight: With 814 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Are renters plentiful in Tahlequah, OK?

Tahlequah, OK draws a reliable base of working renters. Demand at the $1,129/mo rent level is reasonable for standard single-family and small multi rentals.

Is Tahlequah, OK a friendly market for rental owners?

Tahlequah, OK falls under OK landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Where do home prices stand in Tahlequah, OK?

Tahlequah, OK median home values land near $203K. That is reasonable territory for investors looking at $1,129/mo-per-month rentals.

Can I live-in-and-rent in Tahlequah, OK?

The house hack math a challenging in Tahlequah, OK. Owner-occupant buyers benefit from the $1,129/mo rents and $203K home values.

How strong is Tahlequah, OK for real estate investors?

Tahlequah, OK scores 3.0/5 for investability. Home values sit at $203K and rents near $1,129/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

You know 74464 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 74464 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.

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How 74464 ranks in Tahlequah, OK

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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