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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Choctaw, OK Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Choctaw, OK Housing Market Trends

With a population of 12,218, 4,353 total housing units (homes and apartments), and a median house value of $259,730, Choctaw real estate is some of the most expensive in Oklahoma, although Choctaw home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Choctaw, accounting for 93.57% of the city's housing units. Other types of housing that are prevalent in Choctaw include mobile homes or trailers ( 3.68%), row houses and other attached homes ( 1.78%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Choctaw. Owner-occupied housing accounts for 89.59% of Choctaw's homes, and 86.99% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Choctaw built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Choctaw built between 2000 and later ( 29.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.48%). There's also some housing in Choctaw built before 1939 ( 1.12%).

Choctaw Home Appreciation Rates

Choctaw's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Choctaw during the period has been just 5.52%, which is lower than 70% of US communities.

Over the last year, Choctaw appreciation rates have trailed the rest of the nation. In the last twelve months, Choctaw's appreciation rate has been 2.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Choctaw were at 1.78%, which equates to an annual appreciation rate of 7.32%.

Relative to Oklahoma, our data show that Choctaw's latest annual appreciation rate is lower than 90% of the other cities and towns in Oklahoma.

Average Home Values

Median Home Value

$259,730

Choctaw, OK Home Prices
> $1,304,000
$978,001 - $1,304,000
$652,001 - $978,000
$521,001 - $652,000
$391,001 - $521,000
$261,001 - $391,000
$131,001 - $261,000
$65,001 - $131,000
$0 - $65,000
0.3%
0.3%
0.0%
0.0%
3.4%
3.4%
8.5%
8.5%
11.4%
11.4%
30.0%
30.0%
37.7%
37.7%
3.7%
3.7%
5.0%
5.0%
0% 100.0%
% of Homes
Very High

for Oklahoma

Average

for nation

Number of Homes And Apartments:

4,353

Choctaw Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,683 / per month

Homeownership Rate

Owners
Renters
89.6%
89.6%
10.4%
10.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.2%
4.2%
95.8%
95.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.6%
29.6%
44.8%
44.8%
24.5%
24.5%
1.1%
1.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
93.6%
93.6%
1.8%
1.8%
0.4%
0.4%
0.6%
0.6%
3.7%
3.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.4%
0.4%
1.3%
1.3%
8.3%
8.3%
65.9%
65.9%
21.0%
21.0%
3.0%
3.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Choctaw

Zip Codes in Choctaw, OK