The story of this market
The typical home in ZIP 74338 sells for about $299,000, or $165 per square foot.
Prices are up +16.18% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $793 a month.
ZIP 74338 — Colcord
The 74338 housing market is experiencing significant price appreciation, with a 16.18% year-over-year increase in listing prices. While inventory remains tight, the market is seeing steady interest, though the high poverty rate and rural nature of the area continue to influence overall affordability and market velocity.
This ZIP is best suited for families and individuals seeking a rural lifestyle, affordable housing, and a slower pace of life away from major urban centers.
Median prices moved up 16.2% year over year.
Homes spend a median of 88 days on market with 8.2 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 20.5% — 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 12.0%/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 9.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 74338
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the area are primarily served by the Colcord Public Schools district, which provides local educational services for the community.
The area is subject to standard regional risks for Oklahoma, including severe weather and potential flood zones near local waterways.
Economic momentum is largely driven by local agriculture, small business, and proximity to regional employment hubs in Delaware and Adair counties.
Property taxes are assessed at the county level in Delaware and Adair counties based on fair market value, with standard homestead exemptions available for primary residences.
Residents typically rely on personal vehicles for commuting, with a mean travel time to work of approximately 30.1 minutes.
The area offers access to rural outdoor recreation, including proximity to the Illinois River and various local parks suitable for fishing and hiking.
The rental market is characterized by limited inventory and a mix of single-family detached homes, with moderate demand from local workers.
The local economy is primarily supported by agriculture, small-scale retail, and public sector employment.
Transportation is primarily via state highways; there is no significant public transit infrastructure.
Development is largely focused on residential infill and small-scale commercial improvements.
Parcels are subject to local school district taxes and county-level property assessments.
Property insurance premiums are influenced by regional exposure to severe weather events common in Northeast Oklahoma.
Data retrieved from Census Reporter and HometownLocator.
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.
- Flint Creek Water Park4.54.1 mi
- Natural Falls State Park4.64.3 mi
- Natural Falls State Park4.64.3 mi
- City of Siloam Springs Kayak Park4.711.4 mi
- Flint Creek Water Park4.54.1 mi
- Eagle Watch Nature Trail4.68.6 mi
- Lake Eucha Park4.411.9 mi
- AR-MO-OK Tri-State Marker4.518.3 mi
- Saline Courthouse Museum4.819.3 mi
- Natural Falls State Park4.64.3 mi
- City of Siloam Springs Kayak Park4.711.4 mi
- Flint Creek Water Park4.54.1 mi
- City Lake Park4.77.3 mi
- City Park Gazebo4.77.7 mi
- Superior Dodge Chrysler Jeep Ram of Northwest Arkansas4.48.5 mi
- Dollar General4.18 mi
- Dollar General3.810.7 mi
- Highland Park Shopping Center4.28.3 mi
- Northwest Arkansas National Airport4.320.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular for recreational activities like floating and fishing.
Primary educational anchor for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.