The story of this market
The typical home in ZIP 74059 sells for about $235,000, or $140 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 74059 — Perkins
The housing market in 74059 remains stable with modest price appreciation driven by local demand and proximity to Stillwater. Inventory levels are sufficient for the current sales pace, and the market is not experiencing significant volatility. Figures are based on available ZCTA-level data and local real estate listings.
This ZIP is well-suited for families and commuters seeking a small-town atmosphere with relative affordability compared to the nearby Stillwater employment hub.
Median prices moved up 2.5% year over year.
Homes spend a median of 65 days on market with 6.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 12.0% — 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 5.1%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 74059, Payne 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.
The area is served by Perkins-Tryon Public Schools, which generally maintains a stable reputation within the regional context of Payne County.
The region is subject to standard Oklahoma climate risks, including severe thunderstorms and tornado activity, which influence local property insurance premiums.
Economic momentum is driven by proximity to Stillwater and Oklahoma State University, with ongoing residential development in the Perkins area.
Property taxes are assessed at the county level based on fair market value, with standard homestead exemptions available for primary residences.
Residents primarily commute to Stillwater or Oklahoma City via US-177 and SH-33, with typical drive times ranging from 15 to 45 minutes.
Local amenities include Perkins City Park and proximity to Lake Carl Blackwell for outdoor activities, with basic shopping and dining available in the town center.
The rental market is characterized by moderate demand from university-affiliated tenants and local workers, with limited multi-family inventory.
The economy is anchored by local agriculture, small business, and proximity to the educational and service sectors in Stillwater.
Transportation relies on personal vehicles with access to major state highways; public transit options are minimal.
Ongoing residential expansion is focused on the outskirts of the Perkins town limits.
The Payne County Assessor manages property valuations based on annual market analysis.
Parcels are subject to Perkins-Tryon ISD taxes and standard county-level levies.
Property insurance rates are influenced by regional severe weather exposure and state-wide market trends.
Data retrieved from US Census Bureau ZCTA 74059 profiles.
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.
Central community green space.
Nearby recreational area for boating and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.