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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Harrah, OK Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Harrah, OK Housing Market Trends

With 6,425 people, 2,348 houses or apartments, and a median cost of homes of $255,952, Harrah real estate is some of the most expensive in Oklahoma, although Harrah home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Harrah, accounting for 80.02% of the city's housing units. Other types of housing that are prevalent in Harrah include large apartment complexes or high rise apartments ( 7.56%), duplexes, homes converted to apartments or other small apartment buildings ( 6.25%), and a few mobile homes or trailers ( 5.35%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harrah. Owner-occupied housing accounts for 70.55% of Harrah's homes, and 79.33% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Harrah built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Harrah built between 2000 and later ( 33.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.65%). There's also some housing in Harrah built before 1939 ( 4.62%).

Harrah Home Appreciation Rates

Real estate appreciation rates in Harrah's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.85% during the period.

Over the last year, Harrah appreciation rates have trailed the rest of the nation. In the last twelve months, Harrah's appreciation rate has been 4.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Harrah were at -0.56%, which equates to an annual appreciation rate of -2.23%.

Relative to Oklahoma, our data show that Harrah's latest annual appreciation rate is lower than 80% of the other cities and towns in Oklahoma.

Average Home Values

Median Home Value

$255,952

Harrah, OK Home Prices
> $1,346,000
$1,010,001 - $1,346,000
$673,001 - $1,010,000
$539,001 - $673,000
$404,001 - $539,000
$269,001 - $404,000
$135,001 - $269,000
$67,001 - $135,000
$0 - $67,000
0.1%
0.1%
1.0%
1.0%
4.4%
4.4%
5.1%
5.1%
8.2%
8.2%
33.4%
33.4%
36.2%
36.2%
7.6%
7.6%
3.9%
3.9%
0% 100.0%
% of Homes
Very High

for Oklahoma

Average

for nation

Number of Homes And Apartments:

2,348

Harrah Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,269 / per month

Homeownership Rate

Owners
Renters
70.6%
70.6%
29.4%
29.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.9%
8.9%
91.1%
91.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
33.3%
33.3%
48.4%
48.4%
13.7%
13.7%
4.6%
4.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.0%
80.0%
0.8%
0.8%
6.2%
6.2%
7.6%
7.6%
5.4%
5.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
5.9%
5.9%
11.0%
11.0%
61.2%
61.2%
18.1%
18.1%
1.0%
1.0%
0% 100.0%
% of Homes