The story of this market
The typical home in ZIP 74840 sells for about $217,450, or $135 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 74840 — Davenport
The housing market in 74840 is characterized by low inventory and slow turnover, typical of a rural community. Prices have seen modest appreciation, but the market remains highly affordable compared to the broader Oklahoma City metro area. Demand is stable, driven primarily by local residents and those seeking lower-cost housing options.
This ZIP is best suited for families and individuals seeking affordable, rural-style living with proximity to the employment centers of Shawnee and the Oklahoma City metro.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 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 4.8% · poverty 11.2% — 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 4.4%/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 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 74840, Pottawatomie 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 local rural school districts with limited public accountability data available.
The region is subject to severe weather risks including tornadoes and high winds, typical of central Oklahoma.
Economic momentum is driven by proximity to Shawnee and the broader Oklahoma City metro area, with limited new large-scale commercial development within the ZIP.
Property taxes are assessed by the Pottawatomie County Assessor based on fair market value, with standard homestead exemptions available for primary residences.
Residents primarily commute by personal vehicle to employment hubs in Shawnee or Oklahoma City via US-270 and I-40.
Recreation is primarily rural, with access to local community parks and proximity to larger outdoor amenities in Shawnee and the North Canadian River.
The rental market is characterized by low inventory and modest demand, primarily serving local workers and families.
The local economy is largely agricultural and service-based, with significant reliance on the nearby Shawnee labor market.
Transportation is entirely dependent on private vehicle use with no public transit infrastructure.
No major commercial or residential developments are currently reported for this rural ZIP.
Pottawatomie County utilizes a mass appraisal system for annual property tax assessments.
Parcels are subject to local school district taxes and county-wide emergency service levies.
Property insurance premiums are influenced by the high risk of wind and hail damage in central Oklahoma.
Oklahoma is a judicial foreclosure state requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property condition disclosure statement to buyers.
Data retrieved from US Census Bureau ZCTA 74840 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.
- Shawnee Splash Water Park4.18 mi
- Woodland Veterans Park4.38 mi
- Heart of Oklahoma Exposition Center4.410 mi
- FireLake Arena4.57.5 mi
- Thunderbird Casino Shawnee3.87.1 mi
- FireLake Casino and Entertainment Center3.97.4 mi
- The Black Hawk Casino3.810.5 mi
- Citizen Potawatomi Nation Cultural Heritage Center4.87.1 mi
- KidSpace Park4.47.7 mi
- Seminole Nation Casino3.710.8 mi
- Citizen Potawatomi Nation Cultural Heritage Center4.87.1 mi
- Jasmine Moran Children's Museum4.76.5 mi
- Mabee-Gerrer Museum of Art4.810.9 mi
- Seminole Nation Museum4.619.3 mi
- Pottawatomie County Museum4.67.6 mi
- KidSpace Park4.47.7 mi
- Country Hollow RV Park & Campground4.26.6 mi
- Dean Weigant Park4.410.1 mi
- Boy Scout Park4.26.9 mi
- Woodland Veterans Park4.38 mi
- FireLake Golf Course4.46.9 mi
- Shawnee Mall4.110.7 mi
- The Farmer's Daughter Market4.77.5 mi
- T.J. Maxx4.310.7 mi
- Ross Dress for Less4.310.7 mi
- Joe Cooper Chevrolet Cadillac GMC4.310.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.