Counties / Oklahoma / Sequoyah County

Sequoyah County, OK

FIPS 40135 · population 39,860 · part of Fort Smith, AR

$196k
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
$196k
▲ 3.8% year over year
Zillow ZHVI · direct
ACS median gross rent
$811
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
$937
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.

Both annual signals move in the same direction
FHFA five-year cumulative+48.4%not annualized · through 2025
0%ZILLOW ZHVI2026-06+3.8%FHFA HPI2025+3.3%
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$139k
Surveyed gross rent$811
Rent burden 30%+43.9%
Median year built1986
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
15.9%vacant
18,367estimated housing units
Occupied tenure29.2% renter
owner 70.8%renter 29.2%
Structure mix71.7% single-family
Single-family 71.7%20+ units 0.3%Mobile home 19.1%Other 9.0%
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 jobs9,463▼ 0.2% from the prior annual release
Covered establishments792annual average reporting locations
Average weekly wage$776▲ 6.0% from the prior annual release
Largest private supersectorTrade, transportation, and utilities29.6% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.2%WEEKLY WAGE+6.0%Trade, transportation, and utilities29.6%
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

Sequoyah County’s decision tension is rising value indicators against a listing market that warrants patience. It merits investigation by buyers who can verify property income and flood costs; purchasers relying on appreciation or quick resale should be cautious. Zillow’s county median home value was $195,516 in 2026-06, up 3.78% year over year. FHFA’s 2025 annual repeat-transaction HPI—an index, not a home value—rose 3.27%. The direction agrees across methods, but their vintages differ and neither measure should be averaged into an appreciation rate.

02Housing economics

Market asking rent is not published, so gross yield cannot be computed. HUD’s $937 two-bedroom Fair Market Rent is a payment standard, not an estimate of asking rent and cannot fill that gap. The effective property-tax rate is 0.55%, with a $761 median annual tax; those are carrying-cost references, not a parcel-level tax bill. Missing operating expenses, financing terms and market-rent comps also prevent a net-cash-flow conclusion.

03Demand & competition

On the demand and competition side, Realtor.com reports 204 active MLS listings, 21.07% more than a year earlier, and a 70-day median marketing time. These are visible asking-market supply and time-to-market measures, rather than closed-sale prices or proof of buyer demand; reported reductions similarly indicate seller concessions, not transactions. QCEW’s annual workplace data show covered employment edging down while average weekly wages rose; it is neither resident employment nor an unemployment measure. Tax-return migration was net positive by 84 households, and movers-in average income exceeded movers-out by a calculated $9,302. Investors made up 17.51% of 377 purchase mortgages, a meaningful competitive presence but not evidence of their strategy or rental demand.

04Risk & next checks

Inland flood is the dominant hazard. The modeled annual climate loss ratio is 0.22% of building value, which aligns with that hazard but is not an insurance premium or a property-specific loss estimate. County-level evidence does not publish parcel flood zone, elevation, prior loss, policy terms, deductibles, condition, or lease-level rents. Flood determinations and insurance terms are therefore needed to bound carrying risk, while property-level rent comps and expenses are needed before income, gross yield, or resale underwriting can be settled.

Cities & communities

Where people live within Sequoyah 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
Sallisaw city8.6KRoland town3.7KMuldrow town3.3KVian town1.4KGore town1.1KBrushy CDP777Redbird Smith CDP659Nicut CDP609
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

30 Census places

Population
  1. 01
    Sallisaw cityIncorporated place
    8,605
  2. 02
    Roland townIncorporated place
    3,687
  3. 03
    Muldrow townIncorporated place
    3,309
  4. 04
    Vian townIncorporated place
    1,435
  5. 05
    Gore townIncorporated place
    1,114
  6. 06
    Brushy CDPCensus-designated place
    777
  7. 07
    Redbird Smith CDPCensus-designated place
    659
  8. 08
    Nicut CDPCensus-designated place
    609
  9. 09
    Brent CDPCensus-designated place
    583
  10. 10
    Remy CDPCensus-designated place
    580
  11. 11
    Evening Shade CDPCensus-designated place
    489
  12. 12
    Akins CDPCensus-designated place
    450
Show 18 more places
  1. 13
    Long CDPCensus-designated place
    450
  2. 14
    Carlisle CDPCensus-designated place
    435
  3. 15
    Notchietown CDPCensus-designated place
    343
  4. 16
    Gans townIncorporated place
    304
  5. 17
    Short CDPCensus-designated place
    299
  6. 18
    Liberty CDPCensus-designated place
    231
  7. 19
    Belfonte CDPCensus-designated place
    208
  8. 20
    Stoney Point CDPCensus-designated place
    188
  9. 21
    Marble City townIncorporated place
    165
  10. 22
    Hanson CDPCensus-designated place
    152
  11. 23
    Dwight Mission CDPCensus-designated place
    111
  12. 24
    Paradise Hill townIncorporated place
    103
  13. 25
    Pinhook Corner CDPCensus-designated place
    79
  14. 26
    Flute Springs CDPCensus-designated place
    76
  15. 27
    Box CDPCensus-designated place
    52
  16. 28
    Moffett townIncorporated place
    33
  17. 29
    Badger Lee CDPCensus-designated place
    28
  18. 30
    Blackgum CDPCensus-designated place
    0

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

0.215% of building value expected lost per year

Effective property tax0.55%

$761 median annual bill

02
DemandIRS SOI household flows
Net migration+84

921 in · 837 out

Arriving vs leaving income+$9,302

$49,908 arriving · $40,606 leaving

03
CompetitionHMDA financed purchases
Purchases by investors17.5%

66 of 377 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 listings204▲ 21.1% year over year
Median days on market70▲ 16.7% year over year
Listings price-reduced17.0%seller-concession signal
Median listing pricen/a▲ 3.0% 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; for a rent figure, the Fort Smith, AR page covers the wider market.
Same metro

The other counties in Fort Smith, AR

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Sequoyah County39,860$196kn/an/ainland flooding
Sebastian County128,900$207k$1,0736.2%inland flooding
Crawford County61,139$224k$1,0275.5%inland flooding
Bear case

What can break the county thesis

  1. Asking-market inventory and marketing time may not predict closed-sale pricing or actual buyer depth.
  2. Property-specific inland-flood exposure, insurance terms, and prior loss may differ materially from the county model.
  3. No published market rent or operating expenses validates property income or yield.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. Market asking rent is not published, and HUD Fair Market Rent is a payment standard rather than market rent.

Does the positive FHFA reading establish a dollar home value?

No. FHFA HPI is a repeat-transaction appreciation index, not a home-value estimate.

What buyer-competition measure is available?

The record reports investor participation as a share of purchase mortgages, but does not identify investor strategy or rental demand.