74451 — Cherokee County, Oklahoma Market Snapshot
Housing market data for zip code 74451 in Cherokee County, Oklahoma. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$260,500
Days to Sell
71
Homes Sold
12
Inventory
35
Sale-to-List
99.9%
New Listings
29
Price/SqFt
$195
Pending Sales
21
Conforming Loan Available
Most homebuyers in 74451 can comfortably use conventional financing. The median home price of $260,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 71 days on average, 74451 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 74451 (99.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 74451 can comfortably use conventional financing. The median home price of $260,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 74451 are set at the county level.
2026 Loan Limits — Cherokee County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 74451
To purchase the median home at $260,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,146.
Monthly Payment
$2,146
Income Required
$91,966
Principal & Interest
$1,605/mo
Down Payment (5%)
$13,025
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 74451.
Estimated Monthly Payment
$1,762
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