McCurtain County presents a tension: a modestly firmer Zillow county value reading sits beside a much stronger, differently measured FHFA index, while MLS evidence still points to negotiation. Cash-flow or resale-liquidity underwriters should investigate rather than rely on appreciation; buyers needing stable occupancy or low hazard exposure should be cautious. At Zillow’s 2026-06 county observation, median home value was $209,780, up 1.29% year over year. FHFA’s separate annual 2025 repeat-transaction HPI rose 13.1%; it confirms positive index direction but is neither a home value nor the same vintage or method, so the measures cannot be combined.
Measured market rent is not published, so gross yield cannot be computed. HUD’s two-bedroom FMR is $937 per month, but it is a payment standard, not asking rent, and cannot substitute for market rent. The effective property-tax rate is 0.37%, and median annual property tax is $528. These are partial carrying-cost inputs, not a tax bill for a specific asset. Insurance, repairs, financing and lease terms are not published, preventing net cash-flow underwriting.
Realtor.com’s MLS listing-market evidence shows 523 active listings, down 14.83%, while median marketing time is 105 days and 17.1% of listings have price reductions. Less visible supply alongside slow marketing and concessions is a negotiation signal, not proof of buyer demand or closed-sale pricing. Investor mortgages were 130 of 332 purchases, or 39.16%; this can raise acquisition competition without establishing tenant demand. Tax-return migration is net negative, and inbound movers’ average AGI is below outbound movers’, tempering that buyer read. Annual QCEW reports covered jobs at county workplaces, not resident employment or a forecast; Manufacturing is its largest disclosed private supersector.
Inland flood is the dominant hazard, and modeled annual climate loss equals 0.17% of building value. That aligns the modeled exposure with the named hazard but does not establish a particular property’s loss, insurability or premium. Flood-zone status, elevation, drainage, insurance quotes, claims, condition, closed-sale comps and vacancy are not published. Their absence prevents property-level hazard reserves, exit liquidity and occupancy conclusions; obtain those records, plus actual market rents, before treating county evidence as asset underwriting.