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Fallis: Housing & Real Estate

The median Fallis home is valued at $112,500 (estimated market value runs 12% higher at $126,154), with median rent $-666,666,666. Homeownership rate: 100.0%. That's 1.5× below the Lincoln County median ($166,500); 1.8× below the Oklahoma median ($199,800). Market is warm. New construction makes up 33.3% of stock. A municipal building code is in effect.

Home Values & Rent

Median home value $112,500 — 0.5× the Oklahoma median ($205,300). Median rent $-666,666,666/month. homeownership rate 100.0% — above the U.S. share of ~65%.

Fair Market Rent · Studio rent$809 (vs Oklahoma $933)
Fair Market Rent · One-bedroom rent$814 (vs Oklahoma $987)
Fair Market Rent · Two-bedroom rent$937 (vs Oklahoma $1,217)
Fair Market Rent · Three-bedroom rent$1,257 (vs Oklahoma $1,602)
Fair Market Rent · Four-bedroom rent$1,426 (vs Oklahoma $1,857)
Fair Market Rent · HUD FMR areaLincoln County, OK HUD Metro FMR Area
Fair Market Rent · Fiscal yearFY2026
Home Value Estimate$126,154
Median Home Value$112,500 (vs Oklahoma $205,300)
Median Rent$-666,666,666 (vs Oklahoma $1,052)

Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Tenure & Occupancy

Owner-occupied vs renter-occupied housing units, plus vacancy rates.

Housing Market · Market temperaturewarm
Housing Market · New construction (% of stock)33.3%

Utilities

Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).

Systems (5)

Lincoln Co Rwd #1
OK1020703
Prague
OK2004101
Wellston
OK1020724
Lincoln Co Rwd #3
OK3004107
Davenport Utility Auth
OK3004104
Broadband · % of premises with 25/3 Mbps broadband100.0% (at Oklahoma median)
Broadband · % of premises with 100/20 Mbps broadband100.0% (at Oklahoma median)
Broadband · % of premises with 250/25 Mbps broadband100.0% (at Oklahoma median)
Broadband · % of premises with 1 Gbps / 100 Mbps broadband85.0% (vs Oklahoma 78.9%)
Broadband · Broadband-capable premises20
Electricity · Electricity rate (¢/kWh)12.24¢/kWh
Electricity · Customers1878818
Electricity · Revenue Millions$2,977
Electricity · Year2024
Mobile Broadband · 3G mobile coverage0.000000000
Mobile Broadband · 4G mobile coverage1.000000000 (at Oklahoma median)
Mobile Broadband · 5G mobile coverage0.857142857 (vs Oklahoma 99.9%)
Mobile Home Parks Detail · County total1

Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF  ·  Refreshed 2026-04-12

Other

Homeownership Rate100.0% (vs Oklahoma 58.6%)
Median Year Built1985

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12