The story of this market
The typical home in ZIP 74429 sells for about $301,529, or $155 per square foot.
Prices are up +4.2% 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 $1,700 a month.
ZIP 74429 — Coweta
The housing market in 74429 is showing strong price appreciation and steady demand, driven by its appeal as a suburban alternative to Tulsa. While inventory remains somewhat constrained, the area continues to attract families, resulting in a healthy sale-to-list ratio. Note that some specific market metrics like exact active listing counts are estimates based on current portal data.
This ZIP is ideal for families and commuters seeking a suburban lifestyle with more space and better school access than the urban core, while remaining within reach of Tulsa.
Median prices moved up 4.2% year over year.
Homes spend a median of 68 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 7.5% — 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 8.5%/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
net influx — more people moved in than out
ZCTA 74429, Wagoner County OK
Crime rates in Coweta are generally lower than the Oklahoma state average, with property crime being the primary concern for residents.
Coweta Public Schools are generally well-regarded within the region, often serving as a primary draw for families moving to the area.
The area is subject to standard Oklahoma risks, including severe thunderstorms and tornado activity, with flood risks localized to specific low-lying areas near the Arkansas River.
Coweta is experiencing steady suburban growth as a bedroom community for the Tulsa metropolitan area, with ongoing residential development and infrastructure improvements.
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.
Residents primarily commute to the Tulsa employment core via the Muskogee Turnpike, with average commute times typically ranging between 25 and 35 minutes.
The area features several local parks, including Coweta City Park, and is within a short drive of the Arkansas River for outdoor activities and fishing.
The rental market is characterized by a preference for single-family homes, with limited multi-family inventory and stable demand from families.
The local economy is largely supported by retail, services, and its role as a residential hub for the broader Tulsa labor market.
Transportation is heavily reliant on private vehicles, with the Muskogee Turnpike serving as the primary artery for regional connectivity.
Development is focused on expanding residential infrastructure to accommodate population growth, with limited commercial expansion.
Wagoner County Assessor manages property valuations, typically reassessing properties to align with market trends annually.
Parcels are subject to Coweta Public Schools district taxes and standard county-level levies.
Property insurance premiums are influenced by regional exposure to severe weather, including hail and wind damage.
Data retrieved from US Census Bureau ZCTA 74429 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.
Central community park with sports fields and playgrounds.
Provides regional access for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.