Location: Coal County, OK | Metro: Coal County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 74534 presents a unique set of conditions that landlords and small-portfolio investors should consider carefully. With the median home value currently unspecified, it's important to look at other metrics to gauge the market's direction.
The percentage of listings that have been reduced and the median days on market (DOM) are also noted as N/A. These missing figures suggest either a lack of recent sales activity or incomplete data, which can indicate a slower-moving market where price negotiations might be less frequent or more challenging to assess. In such a scenario, landlords and investors should expect a cautious approach to pricing adjustments, especially when considering long-term holding strategies.
On the rental side, the Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $1,080. Without specific market rent data for ZIP 74534, it's prudent to assume that the local rental rates may align closely with this figure, given the absence of significant differentials typically seen in the data. This suggests that rental income expectations should be grounded around the $1,080 mark, which can inform decisions regarding property acquisition and management costs.
For long-hold investors, the appreciation thesis in ZIP 74534 is somewhat opaque due to the lack of concrete data on home values and market trends. However, the stability implied by the FMR can suggest a conservative growth outlook. If the local rental market remains steady and comparable to the FMR, this could support modest property value appreciation, driven by the underlying demand for housing and the general economic health of the area.
In summary, while specific figures for median home value and listing reductions are unavailable, the stability suggested by the FMR provides a baseline for understanding potential rental income and property value growth. Landlords and investors should proceed with caution, focusing on maintaining or slightly increasing rental rates in line with the FMR, and anticipate moderate property value appreciation over the next 12-24 months, contingent upon broader economic factors and local market dynamics.
Data Sources: FMR data from HUD (2027). 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.