The story of this market
The typical home in ZIP 73065 sells for about $345,000, or $185 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 73065 — Newcastle
The housing market in 73065 is showing steady growth, driven by its appeal as a suburban residential destination for the Oklahoma City metro area. Inventory remains balanced, and home values have seen consistent year-over-year appreciation. The area's affordability relative to the urban core continues to attract family buyers.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with more space and lower density than the urban core, while remaining within a reasonable driving distance of Oklahoma City employment hubs.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 4.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 73065, McClain County OK
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Newcastle Public Schools, which generally maintains a stable reputation within the regional Oklahoma educational landscape.
The region is subject to standard Oklahoma weather risks, including severe thunderstorms and tornado activity, which influences local property insurance premiums.
Newcastle is experiencing steady residential expansion as a bedroom community for the Oklahoma City metro area, with ongoing development of new single-family subdivisions.
Property taxes are assessed at the county level by the McClain County Assessor; the effective rate reflects local school district and municipal levies.
Residents primarily commute via I-44 and US-62 to reach the Oklahoma City employment core, with typical drive times ranging from 25 to 40 minutes.
Local amenities include access to community parks, nearby golf courses, and proximity to the Canadian River for outdoor activities, with retail options concentrated along the main highway corridors.
The rental market is characterized by moderate demand from families and commuters, with limited multi-family inventory and a reliance on single-family home rentals.
The local economy is driven by retail, services, and its role as a residential hub for the broader Oklahoma City metropolitan area.
Transportation is heavily reliant on private vehicles, with I-44 serving as the primary artery for regional connectivity.
Development is focused on expanding residential infrastructure and supporting retail growth along the Highway 62 corridor.
Parcels are subject to Newcastle Public Schools district taxes and standard county-level assessments.
Property insurance costs are influenced by regional exposure to severe weather events, including wind and hail.
Data derived from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Community park providing green space and recreational facilities.
Major local entertainment and dining anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.