The story of this market
The typical home in ZIP 73028 sells for about $128,000, or $108 per square foot.
Prices are down 30.8% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 73028 — Crescent
The housing market in ZIP 73028 is characterized by low transaction volume and rural property dynamics. Prices have seen a significant year-over-year correction, reflecting a cooling trend in rural Oklahoma markets. Most data points are limited due to the small population size of the Lovell CDP.
This ZIP is best suited for those seeking rural living and affordability, particularly commuters who work in the Oklahoma City metro but prefer a quiet, low-density environment.
Median prices moved down 30.8% year over year.
Homes spend a median of 62 days on market with 4.6 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 10.0% — 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 3.6%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 73028, Logan 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 serving the area are primarily managed by the Crescent Public Schools district, which maintains a rural-focused educational environment.
The area is subject to standard Oklahoma wind and storm risks; property insurance premiums have trended upward due to regional severe weather exposure.
Economic momentum is largely tied to the broader Oklahoma City metro area, with limited local commercial development in the immediate ZIP.
Property taxes are assessed by Logan County based on fair market value, with standard homestead exemptions available for primary residences.
Residents typically rely on personal vehicles for commutes, with travel times to Oklahoma City employment hubs averaging 40-50 minutes.
Local recreation is limited to rural outdoor activities; major shopping and dining amenities are located in nearby Guthrie or Edmond.
The rental market is characterized by low inventory and limited multi-family options, with most rentals consisting of single-family homes.
The local economy is primarily agricultural and service-based, with most residents commuting to larger employment centers in Logan and Oklahoma counties.
Public transit is non-existent; the area is served by state highways connecting to the Oklahoma City metro grid.
There are no major large-scale commercial or residential developments currently approved or under construction within this ZIP.
The Logan County Assessor manages property valuations, typically reassessing based on market trends and state-mandated cycles.
Parcels are subject to standard county and school district levies; no major MUD or PID districts are currently active.
Property insurance costs are rising due to regional severe weather and hail risk, consistent with broader Oklahoma trends.
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 ZCTA-level census tables; small sample size caveats apply.
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.
- The Springs Weddings & Events4.816.2 mi
- Guthrie Haunts4.513.3 mi
- Pollard Theatre4.814.5 mi
- Oklahoma Territorial Museum4.714.7 mi
- The Chisholm4.618.2 mi
- Oklahoma Frontier Drug Store Museum4.714.4 mi
- Cimarron National Golf Club3.811.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Hosts local community events and agricultural exhibitions.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.