Counties / Oklahoma / Pittsburg County

Pittsburg County, OK

FIPS 40121 · population 43,561 · outside every metro area

$153k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$153k
▲ 5.0% year over year
Zillow ZHVI · direct
ACS median gross rent
$860
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$944
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

The annual signals disagree
FHFA five-year cumulative+36.3%not annualized · through 2025
0%ZILLOW ZHVI2026-06+5.0%FHFA HPI2025−0.8%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$157k
Surveyed gross rent$860
Rent burden 30%+49.7%
Median year built1979
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
19.8%vacant
22,252estimated housing units
Occupied tenure28.6% renter
owner 71.4%renter 28.6%
Structure mix78.1% single-family
Single-family 78.1%20+ units 1.7%Mobile home 13.3%Other 7.0%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs14,749▼ 0.2% from the prior annual release
Covered establishments1,049annual average reporting locations
Average weekly wage$999▲ 2.7% from the prior annual release
Largest private supersectorTrade, transportation, and utilities32.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.2%WEEKLY WAGE+2.7%Trade, transportation, and utilities32.3%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

The decision tension is a higher Zillow county value signal versus a weaker transaction index, making this a market for buyers who can validate resale evidence rather than rely on one series. The Zillow county observation labeled 2026-06 puts median home value at $153,016, up 4.96%. In contrast, the FHFA annual observation labeled 2025 shows its repeat-transaction HPI down 0.75%. These are different vintages and methods; the index is not a home value and the changes should not be combined.

02Housing economics

Rental underwriting remains incomplete: median asking market rent is not published, so gross yield cannot be computed. HUD FMR of $944 is a payment standard, not an estimate of asking rent. The effective property-tax rate is 0.50%, with median annual tax of $788; both inform carrying-cost review, but parcel assessment, insurance, maintenance and financing evidence are not published.

03Demand & competition

Realtor.com’s MLS listing market indicates visible supply: 294 active listings, median marketing time of 85 days, and 18.74% of listings reduced in price. These are asking-market and seller-concession measures, not closed-sale prices or proof of demand. QCEW reports 14,749 annual covered jobs at county workplaces, down 0.21%; Trade, transportation, and utilities is the largest disclosed private supersector at 32.30% of private covered jobs. That is not resident employment. Migration was net positive, while incoming movers’ average income exceeded outgoing movers’ by $4,990. Investor mortgages accounted for 51 of 397 purchases, or 12.85%, a presence that warrants deal-level competition checks rather than a conclusion about all buyers.

04Risk & next checks

Inland flood is the dominant hazard, and the modeled expected annual building-value loss ratio is 0.18%; it is a county-level model rather than a parcel loss estimate. The key next checks are closed-sale comparables, market asking rents and lease terms, parcel tax assessment, flood zone and insurance quotes, and property condition. Without them, an underwriter cannot test exit value, gross yield, operating costs or property-specific climate exposure.

Cities & communities

Where people live within Pittsburg County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
McAlester city18.1KLongtown CDP2.7KKrebs city2.1KHartshorne city1.6KQuinton town953Kiowa town658Haileyville city614Savanna town485
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

23 Census places

Population
  1. 01
    McAlester cityIncorporated place
    18,111
  2. 02
    Longtown CDPCensus-designated place
    2,716
  3. 03
    Krebs cityIncorporated place
    2,119
  4. 04
    Hartshorne cityIncorporated place
    1,642
  5. 05
    Quinton townIncorporated place
    953
  6. 06
    Kiowa townIncorporated place
    658
  7. 07
    Haileyville cityIncorporated place
    614
  8. 08
    Savanna townIncorporated place
    485
  9. 09
    Arpelar CDPCensus-designated place
    312
  10. 10
    Crowder townIncorporated place
    307
  11. 11
    Bug Tussle CDPCensus-designated place
    265
  12. 12
    Alderson townIncorporated place
    259
Show 11 more places
  1. 13
    Canadian townIncorporated place
    225
  2. 14
    Canadian Shores CDPCensus-designated place
    194
  3. 15
    Indianola townIncorporated place
    156
  4. 16
    Haywood CDPCensus-designated place
    147
  5. 17
    Pittsburg townIncorporated place
    137
  6. 18
    Carlton Landing townIncorporated place
    78
  7. 19
    Blanco CDPCensus-designated place
    76
  8. 20
    Bache CDPCensus-designated place
    72
  9. 21
    Scipio CDPCensus-designated place
    54
  10. 22
    Adamson CDPCensus-designated place
    44
  11. 23
    Ashland townIncorporated place
    41

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.176% of building value expected lost per year

Effective property tax0.50%

$788 median annual bill

02
DemandIRS SOI household flows
Net migration+33

918 in · 885 out

Arriving vs leaving income+$4,990

$51,143 arriving · $46,153 leaving

03
CompetitionHMDA financed purchases
Purchases by investors12.8%

51 of 397 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings294▲ 11.6% year over year
Median days on market85▲ 18.2% year over year
Listings price-reduced18.7%seller-concession signal
Median listing pricen/a▲ 9.9% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. The Zillow and FHFA directional conflict may leave current resale support weaker than the county value measure suggests.
  2. Unpublished market rent prevents a rental-income and gross-yield test.
  3. County-level inland-flood modeling may not reflect a target parcel’s flood exposure or insurance cost.
Underwriting questions

Before pricing a property

Can the record support a gross-yield calculation?

No. Market asking rent is not published, and HUD FMR cannot substitute for it.

What is the dominant modeled hazard?

Inland flood.

Do the Zillow and FHFA measures describe the same thing?

No. Zillow reports a county median home value, while FHFA is a repeat-transaction appreciation index.