The story of this market
The typical home in ZIP 74820 sells for about $185,000, or $115 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 74820 — Ada
The housing market in 74820 remains stable with a median listing price of $185,000, reflecting a modest year-over-year decline. Inventory levels are sufficient for the current sales pace, and the market is characterized by steady, localized demand rather than rapid appreciation. Figures for specific metrics like months of supply and sale-to-list ratios are based on current portal data, while some demographic and tax figures are derived from the most recent available census and assessor records.
This ZIP is well-suited for families, university employees, and retirees seeking an affordable, small-town lifestyle with access to essential services. It is less ideal for those requiring high-density urban amenities or extensive public transit.
Median prices moved down 2.1% year over year.
Homes spend a median of 68 days on market with 6.3 months of supply — a balanced-paced 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 4.2% · poverty 16.5% — 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 5.4%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 74820, Pontotoc 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 Ada are generally consistent with regional averages for rural Oklahoma, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered relatively safe compared to larger urban centers in the state.
The area is primarily served by Ada City Schools, which generally maintains a solid reputation for academic performance and extracurricular engagement within the region.
The region is subject to standard Oklahoma weather risks, including severe thunderstorms and tornado activity. Flood risk is localized to specific low-lying areas near creeks and the Canadian River basin.
Economic momentum is anchored by East Central University and the Chickasaw Nation headquarters, which provide significant employment stability. Infrastructure development is focused on maintaining regional connectivity and supporting local commercial expansion.
Property taxes are assessed at the county level based on fair market value, with exemptions available for homesteads and veterans. There are no state-level property taxes, and the jurisdiction relies on local millage rates to fund school districts and municipal services.
Commuting is primarily car-dependent, with most residents working within the Ada city limits or traveling to nearby regional hubs via state highways. Public transit options are extremely limited, making personal vehicle ownership essential.
The area offers access to Wintersmith Park, which features trails, a lake, and picnic facilities. Additional amenities include local golf courses and proximity to the scenic Arbuckle Mountains for outdoor activities.
The rental market is characterized by steady demand driven by university students and local workforce needs. Vacancy rates remain low, and rent growth has been moderate, reflecting the area's affordability.
The economy is heavily influenced by the public sector, education, and the Chickasaw Nation. Healthcare and manufacturing also serve as key pillars of the local employment base.
Development is primarily focused on small-scale residential infill and commercial expansion along major thoroughfares. No large-scale master-planned communities are currently reported.
Parcels are subject to local school district taxes and county-level assessments. No major MUDs or PIDs are currently active in this ZIP.
Property insurance premiums are influenced by regional weather risks, particularly wind and hail exposure. Market health is stable, though costs have trended upward in line with state-wide averages.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Lazer Zone Family Fun Center4.32.6 mi
- Rivermist Casino3.79 mi
- Ada Gaming Center3.83.4 mi
- Cinemark Ada4.52.6 mi
- Oklahoma Sports Park4.58 mi
- Pontotoc County Court House4.13 mi
- Wintersmith Park4.74.6 mi
- Legacy Prom & Bridal4.66.8 mi
- Ada Dog Park4.53 mi
- North Hills Shopping Center4.22.6 mi
- Arlington Shopping Center4.23.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic park featuring a lake, walking trails, and community facilities.
A major regional anchor institution providing cultural and educational events.
A significant regional employer and cultural center.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.