The story of this market
The typical home in ZIP 73573 sells for about $145,000, or $98 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 73573 — Waurika
The housing market in 73573 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a slow but consistent pace of sales.
This ZIP is best suited for families and individuals seeking an affordable, quiet, small-town lifestyle, as well as retirees looking for lower costs of living.
Median prices moved up 3.5% year over year.
Homes spend a median of 82 days on market with 8.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 16.4% — 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 6.1%/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 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 73573, Jefferson 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.
Crime rates in Waurika are generally low and consistent with rural Oklahoma trends, though specific localized data is limited.
The area is served by Waurika Public Schools, which provides a small-town educational environment with limited extracurricular diversity compared to larger metro districts.
The region is subject to standard Oklahoma risks including severe thunderstorms, tornadoes, and occasional drought conditions; flood risk is localized to specific low-lying areas near the Red River basin.
Economic momentum is modest, driven primarily by local agriculture, small-scale retail, and regional government services with limited large-scale industrial development.
Property taxes are assessed at the county level by Jefferson County; the rate structure includes standard school district, county, and municipal levies without significant special district overlays.
Commuting is primarily car-dependent, with residents typically traveling to nearby regional hubs like Lawton or Wichita Falls for major employment.
Recreation is centered on outdoor activities, including proximity to Waurika Lake for fishing and boating, and local community parks.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental presence.
The economy is anchored by agriculture, local government, and small-business services, with limited exposure to major corporate industrial sectors.
Transportation is dominated by regional highway access; there is no significant public transit infrastructure.
There are no major large-scale commercial or residential developments currently in the pipeline for this ZIP.
The Jefferson County Assessor manages property valuations, typically following standard state-mandated assessment cycles.
Parcels are subject to standard school district and county-level taxation; no complex MUD or PID structures are prevalent.
Property insurance premiums are influenced by regional severe-weather risks, including wind and hail exposure common to Southern Oklahoma.
Data retrieved from data.census.gov ZCTA 73573 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.
A major regional reservoir offering fishing, boating, and camping facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.