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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.



Weatherford, 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

Weatherford, OK Housing Market Trends

With 11,859 people, 4,530 houses or apartments, and a median cost of homes of $276,249, Weatherford real estate is some of the most expensive in Oklahoma, although Weatherford home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Weatherford, accounting for 53.95% of the city's housing units. Other types of housing that are prevalent in Weatherford include large apartment complexes or high rise apartments ( 24.01%), duplexes, homes converted to apartments or other small apartment buildings ( 10.06%), and a few mobile homes or trailers ( 9.13%).

The most prevalent building size and type in Weatherford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 43.82% owning and 56.18% renting.

There is a lot of housing in Weatherford 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 Weatherford built between 2000 and later ( 25.13%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.45%). There's also some housing in Weatherford built before 1939 ( 4.03%).

Vacant housing appears to be an issue in Weatherford. Fully 13.88% of the housing stock is classified as vacant. Left unchecked, vacant Weatherford homes and apartments can be a drag on the real estate market, holding Weatherford 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.

Weatherford Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Weatherford, where house values have increased just 31.71%, which is annualized rate of 2.79%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Weatherford's appreciation rate, at 6.02%, has been at or slightly above the national average. In the latest quarter, Weatherford's appreciation rate has been 3.30%, which annualizes to a rate of 13.85%.

Importantly, this makes Weatherford one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oklahoma, our data show that Weatherford's latest annual appreciation rate is lower than 70% of the other cities and towns in Oklahoma.

Average Home Values

Median Home Value

$276,249

Weatherford, OK Home Prices
> $1,277,000
$958,001 - $1,277,000
$639,001 - $958,000
$511,001 - $639,000
$383,001 - $511,000
$255,001 - $383,000
$128,001 - $255,000
$64,001 - $128,000
$0 - $64,000
0.0%
0.0%
0.5%
0.5%
3.9%
3.9%
4.4%
4.4%
10.1%
10.1%
30.3%
30.3%
25.5%
25.5%
15.8%
15.8%
9.4%
9.4%
0% 100.0%
% of Homes
Very High

for Oklahoma

Average

for nation

Number of Homes And Apartments:

4,530

Weatherford Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,173 / per month

Homeownership Rate

Owners
Renters
43.8%
43.8%
56.2%
56.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.9%
13.9%
86.1%
86.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.1%
25.1%
51.4%
51.4%
19.4%
19.4%
4.0%
4.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
54.0%
54.0%
2.5%
2.5%
10.1%
10.1%
24.0%
24.0%
9.1%
9.1%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
5.3%
5.3%
13.9%
13.9%
27.7%
27.7%
42.9%
42.9%
9.5%
9.5%
0.7%
0.7%
0% 100.0%
% of Homes

Popular Communities Near Weatherford, OK

Zip Codes in Weatherford, OK