Real Estate Investing in Kaw City, Oklahoma (74641)

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

Kay County • Population: 599 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 74641 (Kaw City, OK)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 42.7% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Kaw City, OK (74641)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $160,401
Avg Monthly Rent $846
1% Rule ✗ Does Not Meet
Median Income $59,563
% Renters 8.8%

Market Analysis: 74641 Kaw City

Put differently, ZIP 74641 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $160K median. It rewards specialists, not generalists.

The investment case in 74641 is significant only for operators who understand what they are buying. A $160K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 74641 among OK's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A notable renter share of 9% in 74641 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

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.

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 Kaw City:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.7× the median income
Value Trend
Rising (+8.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $846/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
Ponca City, OK Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
6.0%
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 Ponca City, OK metro data

Market Trends

Home Value History (with trend line)

$170K$147K$124K$102K$79K$57KJul 2006Jul 2016Jul 2026

📊 How Does 74641 Compare?

Metric 74641 Kaw City Ponca City, OK Oklahoma
Home Value $160,401 $160,401 N/A $214,563
5-Year CAGR 4.8% 4.8% N/A 6.9%
Avg Rent $846 $846 N/A -
Cap Rate 4.1% 4.1% - -
💡 Why Invest in 74641? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 74641 (Kaw City, OK). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 74641 (Kaw City, OK)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+4.8%
Moderate

📉 Market Crash Risk Index

Based on Ponca City, OK metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
64%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $160,401
Monthly Rent $846
Price-to-Rent 15.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.3%
Cap Rate 4.1%
5-Year IRR 8.9%

📈 Home Appreciation

1-Year +8.3% ▲
3-Year CAGR +2.5% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR +5.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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
42.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.8%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 74641

Population: 599

💰 Median Household Income
$59,563
This area
$59,563
State
$58,994
USA
$74,580
🏠 Renter Occupied
8.8%
This area
8.8%
State
25.6%
USA
34.0%
💼 Unemployment Rate
0.6%
This area
0.6%
State
-1.8%
USA
3.7%
🎓 College Educated
7.9%
This area
7.9%
State
14.2%
USA
33.7%
👤 Median Age
54.6 years
This area
54.6 years
State
30.2 years
USA
38.9 years
🏚️ Vacancy Rate
42.7%
This area
42.7%
State
20.2%
USA
10.5%
👥 Population by Ethnicity
White 79.7%
Other/Mixed 19.8%
Hispanic/Latino 1.8%
Black/African American 0.4%
Asian 0.2%
👶 Under 18
11.8%
This area
11.8%
USA
22.0%
👴 65 and Over
27.0%
This area
27.0%
USA
17.3%
📊 Poverty Rate
4.0%
This area
4.0%
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

🎓 Nearby Colleges & Universities

2 Nearby 205 Off-Campus Students
C
Ponca City Beauty College
48 students · 12.9 mi
C+
Pioneer Technology Center
410 students · 14.5 mi

Frequently Asked Questions

Are there empty rentals in Kaw City, OK?

Kaw City, OK sees elevated vacancy, which is reasonable relative to the broader OK rental market.

Does Kaw City, OK make sense for an investment property?

With a 3.0/5 investability score, Kaw City, OK ranks as a solid market for rental property investors. Median prices of $160K and rents of $846/mo drive the underlying numbers.

Are renters plentiful in Kaw City, OK?

Working renters make up the core of the Kaw City, OK tenant base. The pool is reasonable for investors targeting long-term holds.

What investment strategy works best in Kaw City, OK?

Most investors in Kaw City, OK run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How expensive is real estate in Kaw City, OK?

The median home value in Kaw City, OK is roughly $160K. That puts it reasonable relative to the OK statewide average.

You know 74641 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 74641 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.

Compare Plans

How 74641 ranks in Ponca City, OK

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 74641 (Kaw City)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 74641 (Kaw City, OK).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.