Real Estate Investing in Wilburton, Oklahoma (74578)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 74578 (Wilburton, 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: 18.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wilburton, OK (74578)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 74578 Wilburton
ZIP 74578 inside Latimer County looks affordable on the surface — median value of $134K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 74578 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 74578 sits on the difficult end of the OK spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 74578 includes headwinds that any investor should price in. Income distribution skews lower than Wilburton averages, and tenant stability requires active management.
looks to 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 Wilburton:
Property Strategy for 74578
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $91,419 | $950 | 7.5% | +6.7% | $45,709 |
| 3BR | $135,406 | $1,180 | 6.3% | +6.3% | $45,135 |
Market Trends
Home Value History (with trend line)
📊 How Does 74578 Compare?
| Metric | 74578 | Wilburton | Oklahoma |
|---|---|---|---|
| Home Value | $133,529 | $139,923 | $214,563 |
| 5-Year CAGR | 2.1% | 4.0% | 6.9% |
| Avg Rent | $855 | $849 | - |
| Cap Rate | 5.0% | 4.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 74578 (Wilburton, OK). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $133,529 |
| Monthly Rent | $855 |
| Price-to-Rent | 13.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 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 (5.0%). 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 74578
Population: 5,721
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 74578
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
Are renters plentiful in Wilburton, OK?
The renter base in Wilburton, OK is reasonable for the $855/mo price point. Screening well and pricing to market typically yields stable tenants.
Is Wilburton, OK a good place for real estate investing?
Wilburton, OK rates 3.0/5 for investability. With median values at $134K and rents near $855/mo, the market offers reasonable fundamentals for rental investors.
What is the median home value in Wilburton, OK?
Median home price in Wilburton, OK is near $134K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
How do landlord-tenant laws work in Wilburton, OK?
Rental owners in Wilburton, OK deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the best play in Wilburton, OK?
A careful cash-flow rentals with hands-on management strategy Wilburton, OK best. The market produces stable results for that approach at the $134K price point.
You know 74578 now. You don’t know where it ranks.
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Community Ratings
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