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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.



Wagoner, 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 Q2 2024. 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

Wagoner, OK Housing Market Trends

With a population of 8,132, 3,002 total housing units (homes and apartments), and a median house value of $168,936, the cost of homes in Wagoner is among some of the lowest in the nation. Compared to Oklahoma, however, Wagoner real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Wagoner, accounting for 77.99% of the city's housing units. Other types of housing that are prevalent in Wagoner include large apartment complexes or high rise apartments ( 9.64%), duplexes, homes converted to apartments or other small apartment buildings ( 7.32%), and a few mobile homes or trailers ( 3.50%).

The most prevalent building size and type in Wagoner are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.09% owning and 44.91% renting.

There is a lot of housing in Wagoner 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 Wagoner built between 1940-1969 ( 20.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.39%). There's also some housing in Wagoner built before 1939 ( 12.94%).

Vacant housing appears to be an issue in Wagoner. Fully 15.17% of the housing stock is classified as vacant. Left unchecked, vacant Wagoner homes and apartments can be a drag on the real estate market, holding Wagoner real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Wagoner Home Appreciation Rates

Wagoner's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Wagoner during the period has been just 5.34%, which is lower than 70% of US communities.

Over the last year, Wagoner appreciation rates have trailed the rest of the nation. In the last twelve months, Wagoner's appreciation rate has been -2.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wagoner were at 0.66%, which equates to an annual appreciation rate of 2.67%.

Relative to Oklahoma, our data show that Wagoner's latest annual appreciation rate is lower than 90% of the other cities and towns in Oklahoma.

Average Home Values

Median Home Value

$168,936

Wagoner, OK Home Prices
> $1,351,000
$1,014,001 - $1,351,000
$676,001 - $1,014,000
$541,001 - $676,000
$405,001 - $541,000
$270,001 - $405,000
$135,001 - $270,000
$68,001 - $135,000
$0 - $68,000
0.0%
0.0%
0.4%
0.4%
0.8%
0.8%
1.3%
1.3%
2.8%
2.8%
13.1%
13.1%
56.2%
56.2%
18.1%
18.1%
7.2%
7.2%
0% 100.0%
% of Homes
Average

for Oklahoma

Very Low

for nation

Number of Homes And Apartments:

3,002

Wagoner Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,320 / per month

Homeownership Rate

Owners
Renters
55.1%
55.1%
44.9%
44.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.2%
15.2%
84.8%
84.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.4%
16.4%
50.6%
50.6%
20.1%
20.1%
12.9%
12.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.0%
78.0%
1.6%
1.6%
7.3%
7.3%
9.6%
9.6%
3.5%
3.5%
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
0.6%
0.6%
6.0%
6.0%
33.7%
33.7%
46.7%
46.7%
12.8%
12.8%
0.2%
0.2%
0% 100.0%
% of Homes