The story of this market
The typical home in ZIP 73554 sells for about $122,000, or $102 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $665 a month.
ZIP 73554 — Mangum
The 73554 housing market remains a stable, low-cost environment with limited inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a steady but slow-moving sales environment.
This ZIP is best suited for budget-conscious family buyers and investors seeking value-add opportunities in a stable, small-town environment.
Median prices moved up 3.8% year over year.
Homes spend a median of 105 days on market with 9.8 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.9% · poverty 19.0% — a mixed stability 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 3.8%/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 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 73554, Greer County OK
Crime in Mangum is generally low, consistent with rural Oklahoma trends, though specific localized data is not determinable.
Schools in the area are primarily served by Mangum Public Schools, which provide a small-town educational environment.
The area is subject to standard Oklahoma risks, including severe thunderstorms and tornado activity; flood risk is generally low but varies by specific parcel.
Economic momentum is driven by local agriculture, public services, and small-scale retail, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oklahoma) — Ad Valorem Property Tax: Property is assessed at a ratio between 10% and 22.85% of fair cash value as determined by the county. Annual increases in assessed value for homestead and agricultural property are capped at 3% per year. Tax is calculated by applying the local millage rate to the assessed value.
The commute is primarily local within Mangum, with a mean travel time of 13 minutes.
Local amenities include Mangum City Park and proximity to Quartz Mountain State Park for outdoor recreation.
The rental market is characterized by a 33% renter share with stable demand for affordable housing stock.
The local economy is anchored by agriculture, education, and local government services.
Transportation is primarily via personal vehicle on state highway corridors.
No major large-scale commercial or residential developments are currently reported.
Greer County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are served by Mangum Public Schools and local municipal utility districts.
Property insurance premiums are influenced by regional severe weather exposure, including wind and hail risk.
Data retrieved from SimpleMaps and Census ACS 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. Source: NCES EDGE public school locations 2023-24.
Regional destination for hiking, boating, and outdoor recreation.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.