{"area":{"county":"Dewey County","state":"OK","stateName":"Oklahoma","slug":"dewey-ok","metro":null},"homeValue":{"series":[{"date":"2021-04-01","value":114930},{"date":"2021-07-01","value":120549},{"date":"2021-10-01","value":124483},{"date":"2022-01-01","value":128275},{"date":"2022-04-01","value":132623},{"date":"2022-07-01","value":133600},{"date":"2022-10-01","value":136407},{"date":"2023-01-01","value":137277},{"date":"2023-04-01","value":139743},{"date":"2023-07-01","value":141954},{"date":"2023-10-01","value":142089},{"date":"2024-01-01","value":144142},{"date":"2024-04-01","value":145492},{"date":"2024-07-01","value":146250},{"date":"2024-10-01","value":148041},{"date":"2025-01-01","value":150888},{"date":"2025-04-01","value":148907},{"date":"2025-07-01","value":149697},{"date":"2025-10-01","value":152977},{"date":"2026-01-01","value":150713},{"date":"2026-04-01","value":151865}],"latest":151865,"yoy":1.9864747795603968,"fiveYr":32.13695292786914,"sinceStart":282.473681559462,"modeled":true},"rent":{"series":[{"date":"2026-11-01","value":916}],"latest":916,"yoy":null,"fiveYr":null,"sinceStart":null,"modeled":true},"census":{"medianIncome":62569,"population":4360,"povertyRate":14.10555815039701,"medianHomeValue":133600,"medianGrossRent":912,"medianPropertyTax":689},"hud":{"county":"Dewey County","year":"2027","perUnit":916,"bedrooms":2,"estimated":false,"baseBedrooms":2},"crime":{"scope":"state","state":"Oklahoma","period":"10-2024 to 09-2026","window":{"from":"10-2024","to":"09-2026","fellBack":false},"violentCrime":{"total":30862,"ratePer100k":374.24016949580044},"propertyCrime":{"total":138287,"ratePer100k":1676.9020257619648},"note":"State-level totals from the FBI CDE summarized offense endpoint."},"crimeVintage":{"from":"10-2024","to":"09-2026","fellBack":false},"priceToRentRatio":13.8,"ratioVerdict":"Favorable for buying — price-to-rent favors owning (modeled investor cash flow is negative, so this is owner-occupant math — it is not a claim of strong rental yield)","priceCagr":5.732419765207997,"rentCagr":3,"cashFlow":{"price":151865,"monthlyRent":916,"grossRent":916,"downPct":20,"ratePct":6.75,"units":1,"state":"OK","down":30373,"loan":121492,"mortgagePI":787.9947994826565,"monthlyTax":65.30195,"taxRatePct":0.516,"taxRateSource":"Census ACS county effective rate 0.52% ($689 tax ÷ $133,600 ACS median), applied to current value","monthlyInsurance":107.57104166666669,"insuranceRatePct":0.85,"insuranceBasis":"Insurance: state-level estimate (OK avg 0.85%/yr)","insuranceHighRisk":true,"vacancyPct":5,"vacancyLoss":45.800000000000004,"egi":870.2,"mgmtPct":10,"monthlyMgmt":91.60000000000001,"maintenancePct":5,"monthlyMaint":45.800000000000004,"capexPct":5,"monthlyCapex":45.800000000000004,"hoaMonthly":0,"monthlyHoa":0,"operatingExpenses":356.0729916666667,"noi":514.1270083333334,"totalExpenses":1144.0677911493233,"cashFlow":-273.8677911493231,"annualCf":-3286.4134937918775,"cocReturn":-10.820180732202541,"capRate":4.062505580614362},"resilience":{"scenarios":[{"id":"rentDown","label":"Rent drops 10%","kind":"standard","detail":"Standard assumption","cashFlow":-342.5677911493233,"delta":-69,"survives":false},{"id":"vacancy","label":"Vacancy stretches to 8%","kind":"standard","detail":"Standard assumption","cashFlow":-301.3477911493232,"delta":-27,"survives":false},{"id":"insurance","label":"Insurance costs rise 25%","kind":"standard","detail":"Standard assumption","cashFlow":-300.76055156598983,"delta":-27,"survives":false},{"id":"rateReset","label":"If financed at 8.25% instead","kind":"standard","detail":"Fixed-rate comparison — the deal if you'd borrowed at a higher rate today; your actual fixed payment never resets","cashFlow":-398.601814260216,"delta":-125,"survives":false},{"id":"historyHome","label":"Worst market shock in available history (since 1991-01-01) (home values −3.7% over 12 months)","kind":"history","detail":"History-derived proxy: worst decline found in any window of up to 12 months in the state FHFA home-value series, 2010-01-01 → 2011-01-01, applied to rent","cashFlow":-298.96566888134726,"delta":-25,"survives":false}],"survived":0,"total":5,"score":0,"worstCashFlow":-398.601814260216,"baselineCashFlow":-273.8677911493231,"framing":"underwater","confidenceLabel":"verified","omitted":[],"note":"Each scenario re-runs the same verified cash-flow engine with one shock applied, then re-checks the cash-flow identity before display. Standard shocks are fixed assumptions; the history-derived scenario is this market's own worst observed 12-month decline. Estimates only — not a guarantee of performance."},"rentVsBuy":{"years":7,"priceCagr":5.732419765207997,"rentCagr":3,"totalRentPaid":84225.78429167237,"totalCashOutlay":130829.09858005788,"insuranceBasis":"Insurance: state-level estimate (OK avg 0.85%/yr)","homeValueAfter":224344.22513189126,"equityBuilt":114044.70805707369,"netCostOfBuying":47157.39052298419,"buyingCheaper":true,"savings":37068.39376868818},"priceToIncome":{"ratio":2.427160414901948,"price":151865,"medianIncome":62569,"label":"Affordable (≤3x income — historical rule of thumb)"},"countyTaxRatePct":0.516,"countyTaxSource":"Census ACS county effective rate 0.52% ($689 tax ÷ $133,600 ACS median), applied to current value","dataCheck":{"status":"verified","checks":[{"metric":"home value (vintage update)","primary":151865,"secondary":133600,"primarySource":"current estimate (ACS county median × FHFA state HPI growth)","secondarySource":"raw ACS 2023 county median (as measured ~2021)","ratio":1.14,"grade":"verified","consistent":true,"hidePoint":false},{"metric":"HUD fair market rent","primary":916,"secondary":912,"primarySource":"HUD FMR (county)","secondarySource":"Census ACS (county gross rent)","ratio":1,"grade":"verified","consistent":true,"hidePoint":false}],"confidence":{"homeValue":{"label":"verified","ratio":1.14,"sources":["current estimate (ACS county median × FHFA state HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":133600,"high":151865}},"rent":{"label":"verified","ratio":1,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":912,"high":916}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"note":"Every headline metric is checked against a second figure, and each check names its own basis. The rent and property-price checks pair genuinely independent datasets (HUD FMR vs Census ACS gross rent; your price vs the county estimate). The home-value check compares our current estimate (ACS county median updated by the FHFA state index) against the raw ACS 2023 median — its spread reflects price movement since the ACS measurement period (~2021), not disagreement between unrelated sources. 'Verified' means the two figures agree within 15%; 'Cross-checked' means they diverge more than 15%; 'Divergent' flags a >2x difference. A spread beyond 35% is too wide to defend a single point — the headline shows the source range instead, flagged 'sources disagree'."},"integrity":{"status":"pass","checks":[{"name":"home value freshness","status":"pass","detail":"latest 2026-04-01 (228d old — current for quarterly cadence)"},{"name":"home value card↔chart","status":"pass","detail":"card matches chart"},{"name":"home value growth window","status":"pass","detail":"growth matches the 5.0yr available window"},{"name":"rent freshness","status":"pass","detail":"latest 2026-11-01 (14d old — current for monthly cadence)"},{"name":"rent card↔chart","status":"pass","detail":"card matches chart"},{"name":"cash flow identity","status":"pass","detail":"NOI − P&I = cash flow"},{"name":"cash-on-cash","status":"pass","detail":"annual CF ÷ down matches"},{"name":"cap rate","status":"pass","detail":"NOI×12 ÷ price matches"},{"name":"price-to-rent","status":"pass","detail":"price ÷ (rent×12) matches"},{"name":"income plausibility","status":"pass","detail":"within expected range"},{"name":"price-to-income","status":"pass","detail":"price ÷ income matches"},{"name":"buy-vs-rent: home value at term","status":"pass","detail":"compounds at 5.7%/yr"},{"name":"buy-vs-rent: total rent paid","status":"pass","detail":"geometric series matches"},{"name":"buy-vs-rent: equity built","status":"pass","detail":"home value − loan balance matches"},{"name":"buy-vs-rent: net cost","status":"pass","detail":"outlay − equity gain matches"},{"name":"buy-vs-rent: savings & verdict","status":"pass","detail":"savings = rent − net cost, verdict matches"}],"summary":"16/16 verified","freshness":{"homeValue":{"date":"2026-04-01","ageDays":228,"cadence":"quarterly","current":true},"rent":{"date":"2026-11-01","ageDays":14,"cadence":"monthly","current":true}}},"confidence":{"homeValue":{"label":"verified","ratio":1.14,"sources":["current estimate (ACS county median × FHFA state HPI growth)","raw ACS 2023 county median (as measured ~2021)"],"hidePoint":false,"range":{"low":133600,"high":151865}},"rent":{"label":"verified","ratio":1,"sources":["HUD FMR (county)","Census ACS (county gross rent)"],"hidePoint":false,"range":{"low":912,"high":916}},"income":{"label":"estimate","sources":["Census ACS"]},"crime":{"label":"estimate","sources":["FBI CDE"]}},"verdict":"Dewey County, OK leans favorable for buying: a price-to-rent ratio of 13.8 favors owning at the median, and modeled investor cash flow is negative, so this is owner-occupant math — not a claim of strong rental yield.","faqs":[{"q":"Is Dewey County, OK a good rental market?","a":"For owning at the median, yes — Dewey County's price-to-rent ratio of 13.8 is in the favorable range, but modeled investor cash flow is negative, so it is not a claim of strong rental yield."},{"q":"What is the median home value in Dewey County?","a":"The typical home value in Dewey County is about $151,865 (county-level, Census ACS & FHFA state HPI), up 2.0% year-over-year, and up 32.1% over five years."},{"q":"What is the median rent in Dewey County?","a":"The typical rent in Dewey County is about $916/mo (county-level, HUD 2-bedroom benchmark bridged from Census ACS gross rent), a current modeled estimate."},{"q":"Is it cheaper to rent or buy in Dewey County?","a":"Over a 7-year horizon, buying is cheaper in Dewey County — roughly $37,068 ahead of renting, with about $114,045 in equity built."},{"q":"Is Dewey County affordable for homebuyers?","a":"Dewey County's median home value is 2.4x the local median household income — Affordable (≤3x income — historical rule of thumb)."},{"q":"What is the property tax rate in Dewey County?","a":"Dewey County's effective property tax rate is about 0.52% of home value (Census ACS county effective rate 0.52% ($689 tax ÷ $133,600 ACS median), applied to current value), which on a $151,865 median home is roughly $65/mo."}],"takeaways":["The median home value in Dewey County, OK was $151,865 as of April 2026, up 2.0% year over year (FHFA HPI applied to the Census ACS county median).","The typical market rent in Dewey County, OK was $916/mo as of November 2026, a current modeled estimate (HUD Fair Market Rent, FY2027, bridged from Census ACS gross rent).","Dewey County, OK has a price-to-rent ratio of 13.8 — a reading that favors owning (owner-occupant math — not automatically strong investor cash flow). (Computed by Areal from the figures above.)"],"citationSources":[{"name":"U.S. Census Bureau — ACS ACS 2024 5-year estimates","url":"https://www.census.gov/programs-surveys/acs/"},{"name":"FHFA House Price Index","url":"https://www.fhfa.gov/data/hpi"},{"name":"HUD Fair Market Rent","url":"https://www.huduser.gov/portal/datasets/fmr.html"},{"name":"FBI Crime Data Explorer","url":"https://cde.ucr.cjis.gov/"}],"jsonApi":{"function":"getCountyReport","query":"slug=dewey-ok","url":"https://areal.studio/functions/getCountyReport?slug=dewey-ok"},"assumptions":{"downPct":20,"ratePct":6.75,"years":7},"dataVintage":{"pulledAt":"2026-11-15T00:08:29.067Z","homeValueBasis":"FHFA state HPI (quarterly) × ACS county anchor","rentBasis":"HUD county FMR — flat current estimate (modeled, no public trend)","zhviThrough":null,"zoriThrough":null,"fhfaHpiThrough":"2026-04-01","hpiLevel":"state","hpiMetro":null,"acsVintage":"ACS 2024 5-year estimates","acsVintageMisses":[],"hudFy":"2027","safmrFy":null},"zipAnchors":{"homeValueTier":"county-fhfa-acs","rentTier":"county-acs-hud","zhvi":null,"zori":null,"safmr":null,"countyHomeEstimate":151865,"countyFmr":916,"countyRatio":null,"hpiLevel":"state","hpiMetro":null},"links":{"stateDir":"OK","stateName":"Oklahoma","cityPages":[],"zips":[]},"sources":["Census ACS 5-year","FHFA HPI","HUD Fair Market Rent","FBI CDE (state-level context)"]}