The story of this market
The typical home in ZIP 73731 sells for about $145,000, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 73731 — Dacoma
The housing market in 73731 is characterized by low inventory and very slow turnover, typical of a small rural community. Prices have seen modest appreciation over the last decade, driven by limited supply rather than high demand. The market remains stable with little evidence of speculative activity or significant new development.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees and families who prioritize affordability and community scale over proximity to urban amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
14% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 9.8% — 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 5.7%/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 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 73731, Woods 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.
Crime rates in Dacoma are significantly lower than the national average, with the area experiencing very low levels of violent and property crime.
The area is served by rural school districts where student-to-teacher ratios are low, though academic resources are more limited compared to larger urban centers.
The region is subject to severe weather risks, including tornadoes and high winds, which influence property insurance premiums and construction standards.
Economic momentum is primarily driven by agriculture and local energy-sector support, with limited new commercial development or infrastructure expansion.
Property taxes are assessed at the county level in Woods County, with rates reflecting local school district and municipal levies typical of rural Oklahoma.
Commutes are primarily by private vehicle, with residents traveling to nearby hubs like Alva for employment and essential services.
Recreational opportunities are centered on outdoor activities, including local parks and proximity to rural landscapes, with limited retail and dining options.
The rental market is small and primarily composed of single-family homes, with low turnover and limited institutional investor presence.
The local economy is heavily reliant on the agricultural sector and regional energy production, with limited diversification.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently approved or under construction in the area.
Woods County Assessor manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to local school district taxes and county-wide emergency service district levies.
Property insurance costs are influenced by the high risk of wind and hail damage common in the Oklahoma plains.
Data retrieved from data.census.gov ZCTA 73731 profile.
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.
- Rialto Cinema Video4.611.4 mi
- Salt Plains Crystals4.816.3 mi
- Sod House Museum4.615.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space for outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.