The story of this market
The typical home in ZIP 73040 sells for about $141,412, or $88 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $918 a month.
ZIP 73040 — Geary
The housing market in 73040 is characterized by low transaction volume and high vacancy rates, reflecting its rural nature. Prices remain modest and stable, with limited new development activity. The market is primarily driven by local demand rather than speculative investment.
This ZIP is best suited for local workers, budget-conscious buyers, or investors comfortable with rural market dynamics and higher vacancy risks.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 7.0 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 5.2% · poverty 14.1% — 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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 73040
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 Geary area are primarily served by Geary Public Schools, which generally maintain modest performance ratings consistent with rural Oklahoma districts.
The area is subject to standard Oklahoma risks including severe thunderstorms, high winds, and occasional tornado activity; flood risk is localized to specific low-lying areas near the Canadian River.
Economic momentum is limited, with the local economy primarily supported by agriculture, energy-sector services, and small-scale local commerce.
Property taxes are assessed by the county assessor based on fair cash value; the rate is determined by local millage levies which include school district, county, and municipal components.
Commuting typically requires personal vehicle travel via state highways to reach larger employment hubs like El Reno or Oklahoma City.
Local recreation is centered on community parks and proximity to rural outdoor activities, with limited large-scale shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by high vacancy rates and limited inventory, with rents largely driven by HUD fair-market estimates rather than high-velocity market competition.
The economy is heavily reliant on agriculture and regional energy production, with limited diversification in the immediate ZIP code.
No major commercial or residential developments are currently reported for this rural ZIP code.
Parcels are subject to standard school district and county-level property tax levies.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail damage.
Data retrieved from ZCTA-level census profiles and local market reports.
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.
- Sugar Creek Casino3.98.7 mi
- Sugar Creek Casino3.98.7 mi
- Lucille's Historic Highway Gas Station4.616.4 mi
- Fort Reno4.517.8 mi
- Cheyenne and Arapaho Tribes4.619.3 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 park providing basic outdoor space and playground facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.