The story of this market
The typical home in ZIP 73747 sells for about $135,000, or $98 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 73747 — Isabella
The housing market in 73747 is characterized by low transaction volume and stable, modest price growth consistent with rural Oklahoma trends. Inventory remains extremely limited, and the market is driven primarily by local demand rather than speculative investment. No major developments or significant economic shifts are currently impacting the area.
This ZIP is best suited for individuals seeking a quiet, rural lifestyle or those already established in the local agricultural economy.
Median prices moved up 2.4% year over year.
Homes spend a median of 84 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 11.0% — 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 5.3%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 73747, Major 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 subject to standard regional risks for Oklahoma, including severe thunderstorms and tornado activity.
The local economy is primarily driven by agricultural operations and small-scale local services with limited industrial development.
Property taxes are assessed at the county level based on fair market value, with standard homestead exemptions available for primary residences.
Commutes are primarily car-dependent, with residents traveling to nearby regional hubs for employment.
Recreation is centered on rural outdoor activities, with limited local parks or commercial shopping districts within the immediate ZIP.
The rental market is characterized by low inventory and limited turnover, primarily consisting of single-family homes.
The economy is heavily reliant on the agricultural sector and local support services.
No major commercial or residential developments are currently reported for this rural area.
The Major County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-level tax levies.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure.
Data retrieved from Census Reporter and ACS summary 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.
Serves as the primary gathering space for local events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.