The story of this market
The typical home in ZIP 74864 sells for about $200,000, or $111 per square foot.
Prices are up +1.1% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 74864
The housing market in 74864 remains stable with limited inventory and modest price growth. Market conditions are driven by local demand and affordability, though high vacancy rates suggest a cautious outlook for investors. Figures for specific metrics like months of supply and sale-to-list ratios are estimated based on regional trends as precise ZIP-level data is not consistently published.
This ZIP is best suited for local families and budget-conscious buyers seeking rural or small-town living, as well as experienced investors comfortable with higher vacancy risks.
Median prices moved up 1.1% year over year.
Homes spend a median of 85 days on market with 7.2 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 4.8% · poverty 14.2% — 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 6.3%/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 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 74864, Lincoln 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.
Schools in the area are primarily served by the Prague Independent School District, which provides standard public education for the local community.
The area is subject to standard Oklahoma weather risks, including severe thunderstorms and tornado activity, which influence local property insurance premiums.
Economic momentum is driven by local agricultural, small-scale manufacturing, and service-sector employment, with limited large-scale industrial development.
Property taxes are assessed by Lincoln County based on fair market value, with rates determined by local school district and municipal levies.
Commuting is primarily car-dependent, with residents typically driving to employment hubs in Shawnee or the Oklahoma City metro area via Highway 99 and I-40.
Local amenities include Prague Lake for fishing and boating, as well as small community parks and local dining options along the Highway 99 corridor.
The rental market is characterized by limited inventory and high vacancy rates, with demand primarily driven by local workforce needs.
The local economy is anchored by agriculture, small-scale manufacturing, and local retail, with many residents commuting to larger regional employment centers.
Transportation is heavily reliant on private vehicles, with Highway 99 serving as the primary north-south artery connecting to regional highway networks.
Development is currently focused on small-scale residential infill and local infrastructure maintenance rather than large-scale commercial projects.
The Lincoln County Assessor manages property valuations, with assessments typically updated annually based on market sales data.
Parcels are subject to Prague Public Schools district taxes and standard county-level service assessments.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail damage.
Data retrieved from data.census.gov ZCTA 74864 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.
- Shawnee Splash Water Park4.113.7 mi
- Woodland Veterans Park4.313.7 mi
- Heart of Oklahoma Exposition Center4.414.6 mi
- FireLake Arena4.515.1 mi
- Thunderbird Casino Shawnee3.815.2 mi
- The Black Hawk Casino3.811.6 mi
- Nomads animal encounter4.98 mi
- Seminole Nation Casino3.73.5 mi
- KidSpace Park4.412.7 mi
- Cinema Centre 84.412.2 mi
- Citizen Potawatomi Nation Cultural Heritage Center4.815.1 mi
- Jasmine Moran Children's Museum4.712.2 mi
- Mabee-Gerrer Museum of Art4.814.5 mi
- Pottawatomie County Museum4.613.5 mi
- True Custom Collective4.512.7 mi
- KidSpace Park4.412.7 mi
- Country Hollow RV Park & Campground4.213 mi
- Boy Scout Park4.212.8 mi
- Prague Park4.74.8 mi
- Shawnee Mall4.112.6 mi
- Ross Dress for Less4.312.6 mi
- Joe Cooper Chevrolet Cadillac GMC4.312.2 mi
- Kohl's4.212.5 mi
- Walls3.912.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local fishing, boating, and outdoor recreation opportunities.
Preserves the local history and cultural heritage of the town.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).