The story of this market
The typical home in ZIP 74631 sells for about $66,000, or $60 per square foot.
Prices are up +46.7% from a year ago, so sellers still have some momentum. Homes take about 73 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 74631 — Blackwell
The 74631 housing market is characterized by low activity and high affordability, with a median sale price of $66,000. Market conditions are stable, driven by a limited supply of homes and consistent demand from local buyers. No major new developments are currently impacting the area's inventory or pricing trends.
This ZIP is best suited for budget-conscious buyers, retirees, and families seeking an affordable, small-town lifestyle with low cost of living.
Median prices moved up 46.7% year over year.
Homes spend a median of 73 days on market with 5.6 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 16.5% — 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 2.7%/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 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 74631, Kay County OK
Crime rates in Blackwell are generally consistent with rural Oklahoma averages, with property crime being the primary concern for residents.
The area is served by Blackwell Public Schools, which provides standard K-12 education for the community.
The region is subject to severe weather risks, including tornadoes and high winds, necessitating standard insurance coverage for storm damage.
Economic momentum is modest, driven primarily by local agriculture, manufacturing, and small-scale retail services.
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.
Commuting is primarily car-dependent, with most residents working within Blackwell or commuting to nearby regional hubs via US-177.
Local amenities include Memorial Park and various community sports facilities, with access to outdoor recreation at nearby Kaw Lake.
The rental market is characterized by low inventory and steady demand, with most units consisting of single-family homes.
The local economy is anchored by manufacturing, agriculture, and public sector employment.
Transportation is dominated by private vehicle use, with US-177 serving as the primary arterial route.
There are no major large-scale commercial or residential developments currently under construction in the ZIP.
The Kay County Assessor manages property valuations, focusing on annual adjustments to reflect market trends.
Parcels are subject to local school district taxes and county-wide emergency service levies.
Property insurance premiums are influenced by the region's high exposure to severe convective storms and wind events.
Data retrieved from data.census.gov for ZCTA 74631.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.
- The HUB Tonkawa4.37.8 mi
- 7 Clans Casino4.118.7 mi
- The Hub H20 Family Waterpark4.220 mi
- The HUB Tonkawa4.37.8 mi
- Blinn Park4.57.6 mi
- Poncan Theatre Co4.812.9 mi
- Conoco Museum4.512.9 mi
- War Memorial Park4.413 mi
- E. W. Marland Mansion4.813.6 mi
- Pioneer Woman Museum4.513.6 mi
- Marland's Grand Home4.713.5 mi
- Conoco Museum4.512.9 mi
- The Doodle Academy512.1 mi
- Blinn Park4.57.6 mi
- War Memorial Park4.413 mi
- Legion Park4.31 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community park with recreational facilities.
Regional destination for boating, fishing, and camping located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.