The story of this market
The typical home in ZIP 74959 sells for about $197,400, or $126 per square foot.
Prices are down 5.01% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $809 a month.
ZIP 74959 — Spiro
The Spiro housing market is currently characterized by a neutral, buyer-friendly environment with limited inventory and steady pricing. Market activity is driven by local demand for single-family homes and rural acreage, with no significant new development pipeline reported. Figures for closed sales and sale-to-list ratios are not currently published at the ZIP level.
This ZIP code is best suited for buyers seeking rural or semi-rural living, including families and those looking for affordable acreage, rather than urban commuters or investors seeking high-density rental yields.
Median prices moved down 5.0% year over year.
Homes spend a median of 58 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.5% — a mixed stability profile.
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 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 74959, Le Flore County OK
The area is served by the Spiro Public Schools district, which provides local K-12 education.
The area features a mix of rural residential and agricultural land use with limited large-scale commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oklahoma) — Ad Valorem Property Tax: Property is assessed at a ratio between 10% and 22.85% of fair cash value as determined by the county. Annual increases in assessed value for homestead and agricultural property are capped at 3% per year. Tax is calculated by applying the local millage rate to the assessed value.
Residents primarily rely on personal vehicles for commuting, with US Highway 271 serving as a primary corridor toward regional employment centers.
Local recreation includes access to rural outdoor spaces, with proximity to regional lakes and open acreage common in the Le Flore County area.
The rental market is characterized by limited inventory and a mix of single-family home rentals, with no significant short-term rental saturation reported.
The local economy is primarily driven by agriculture, small-scale retail, and services, with many residents commuting to larger nearby towns for employment.
Transportation is heavily reliant on private vehicle use via US-271 and local county roads; there is no public transit infrastructure.
There are no major large-scale commercial or residential developments currently reported in the pipeline for this ZIP code.
Le Flore County manages property assessments, typically based on fair market value for residential and agricultural land.
Parcels are subject to standard county and school district levies; specific MUD or PID districts are not prevalent.
Property insurance premiums are influenced by regional weather patterns, including wind and storm risks common to Eastern Oklahoma.
Data retrieved from US Census Bureau ZCTA 74959 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. Source: NCES EDGE public school locations 2023-24.
Serves as a central community anchor for the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.