Location: Pittsburg County, OK | Metro: Pittsburg County, OK
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,320 | $219,772 | 0.6% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 74442 presents a unique opportunity for landlords and small-portfolio investors. With a median home value set at $206,888, the area offers affordable entry points into homeownership and rental properties. The current lack of percentage data on listings that have been reduced suggests a stable market where sellers are not feeling pressured to lower their prices significantly, indicating strong seller pricing power.
The median days on market (DOM) being listed as N/A could imply that homes are selling quickly, further supporting the notion of a robust demand environment. This quick turnover is advantageous for investors looking to sell properties or those considering flipping homes, as it signals that buyers are actively purchasing and not holding out for better deals.
On the rental side, the Fair Market Rent (FMR) for ZIP 74442 is projected to be $1,010 per month for the fiscal year 2026, compared to the current market rate of $967. This slight upward trend in rental prices, as indicated by the Census ACS data, suggests that landlords can expect modest increases in their rental income over the next few years. However, the gap between the FMR and the actual market rate is relatively narrow, which means that significant jumps in rental prices are unlikely.
For long-term hold investors, the appreciation thesis in ZIP 74442 is somewhat tempered. While the current conditions point towards a steady market with little indication of a downturn, the projected growth in home values and rental rates does not suggest explosive gains. Instead, the setup implies a conservative appreciation scenario, where property values and rents will likely grow at a rate consistent with inflation and local economic conditions.
In summary, ZIP 74442 provides a balanced real estate investment opportunity. The combination of an affordable median home value, strong seller pricing power, and modest rental price growth supports a strategy focused on maintaining current investments rather than rapid turnover or speculative gains. Long-term investors should anticipate gradual appreciation and steady rental income growth, aligning their expectations with the data's implications for a sustainable, if not spectacular, return on investment.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.