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Broken Bow

Broken Bow

Located in Mccurtain County

$286,448 Average Value
$324 Average Price per Sq Ft
135 Homes For Sale

Tourism and timber drive the economy in Broken Bow

Broken Bow lies in the foothills of the Kiamichi Mountains in southeastern Oklahoma, roughly 20 miles from the Arkansas and Texas borders. The city’s population of 4,000 is supplemented by a year-round influx of tourists drawn to Broken Bow Lake and Beavers Bend State Park. “Our area just north of Broken Bow has grown into a tourism area with a lot of cabins,” says Teresa Bartlett, lifelong resident and real estate agent with eXp Realty. “People compare it to Branson [Missouri], but I think it’s nicer because it’s not as commercialized.” The timber industry contributes heavily to the local economy, with lumber manufacturers and building supply stores located throughout the city.

Custom-built luxury cabins dominate the housing market

Broken Bow’s population is almost evenly split between renters and owners, and custom-built luxury cabins accommodate the growing tourism industry. “All of the cabins are short-term rentals except for a small handful that are second homes to people that don’t rent them out,” Bartlett says. Homes in the city center are packed closely together on narrow roads shaded by mature trees, while multiacre properties spread out on the forested outskirts. “It just keeps getting out of hand with the size of cabins that are being built up here,” Bartlett says. “It went from cabin in the woods, to cabin in the woods with a hot tub, to cabin in the woods with a hot tub, a fireplace inside and out with a fire pit, then it went to cabin in the woods and all of that with a playground. Now we’ve added swimming pools, pickleball courts and numerous other things.” Modest ranch-style homes cost $150,000 to $265,000, and cozy log cabins sell for $250,000 to $500,000. Contemporary homes go for $400,000 to $580,000, while most custom-built luxury cabins fetch prices from $600,000 to $1.2 million.

Fishing, hiking and float trips at Beavers Bend State Park

Broken Bow Lake stretches out north of the city, with oak and pine trees towering over the crystal-clear waters. Rugged terrain characterizes the shoreline, which is regulated by the U.S. Army Corps of Engineers. “They don’t allow you to build on the water,” Bartlett says. Docks and permanent structures are prohibited, except at Beavers Bend State Park and Beavers Bend Marina & Boat Rental. Park visitors enjoy hiking, cycling, horseback riding, fishing and float trips down the Mountain Fork of the Little River. Cabins, RV sites and tent campsites invite multiday trips. Broken Bow has been called the “Deer Capital of the World,” and hunters sight up for wild turkey and rabbit as well as the abundant white-tailed deer. Within the city limits, Broken Bow City Park features a walking path that leads past a small lake, a basketball court, a playground, a splash pad and picnic areas.

Broken Bow High School is known for its football program

Students start at Dierks Elementary School, which serves students from prekindergarten through Grade 2 and receives a Niche grade of A-minus. For grades 3 through 5, they move to Bennett Elementary School, rated B-minus. Next up are Rector Johnson Middle School, rated C-plus, and Broken Bow High School, rated B-minus. The high school is known for its football program, and Broken Bow Memorial Stadium is one of the oldest high school football stadiums in Oklahoma. The state’s school choice law allows students to transfer to schools outside their residential district if space is available.

From pastries to video poker, Broken Bow buzzes morning and night

Locally owned shops and restaurants, fast-food joints and chain retailers line Broken Bow’s main thoroughfares. The signature pastries and smoked sausages at Doughnut Theory are popular morning pick-me-ups, and The Oaks Steakhouse evokes the local vibe with its cabin-style atmosphere. Broken Bow Ace Hardware stocks tools and household essentials, and groceries are available at DG Market and Pruett’s Food. Washburn’s furniture store is tucked into South Park Plaza, along with Walmart and Dollar Tree. Choctaw Casino Broken Bow is a nightlife hub with slot machines, a café and a lounge that frequently hosts live entertainment.

Highways connect to the nearby hospital and regional airport

U.S. Routes 70 and 259 intersect with Oklahoma State Highway 3 in the center of Broken Bow. Texarkana Regional Airport is about 80 miles away and offers flights to Dallas - Fort Worth , but travelers may opt to drive 175 miles to the larger airport. Medical services are available at McCurtain Memorial Hospital in Idabel , about 12 miles away, and LIFT Community Action Agency offers on-demand transit on weekdays.

Seeking shelter from Oklahoma’s tornado activity

Broken Bow’s tornado risk isn’t as severe as in some other parts of Oklahoma, but still relatively high by U.S. standards. Many homes are built on slab foundations with no basements, leaving residents to seek other shelter options. Oklahoma’s SoonerSafe program offers rebates to homeowners who invest in storm shelters or safe rooms.

Adrienne Ryan
Written By
Adrienne Ryan

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Broken Bow Housing Trends

Housing Trends

Median List Price
$599,000
Median Sale Price
$495,000
Median Single Family Sale Price
$562,500
Median Change From 1st List Price
8%
Last 12 months Home Sales
69
Median Home Sale Price YoY Change
-11%
Average Price Per Sq Ft
$324

Area Facts

Number of Homes
1,693
Number of Homes for Sale
135
Median Year Built
1977
Months of Supply
23.50
Average Single Family Home Size Sq Ft
1,538
Significantly below the national average
1,929
Average Townhouse Size Sq Ft
3,842
Median Lot Size Sq Ft
43,560

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Broken Bow Has More Owners

Demographics

Total Population
4,194
Median Age
36
Population under 18
29.8%
Above the national average
23.8%
Population over 65
16.4%
On par with the national average
19.1%

Finances

Median Household Income
$38,305
Significantly below the national average
$71,702
Average Household Income
$50,478

Education and Workforce

High School Graduates
83.2%
College Graduates
12.4%
Below the national average
34.1%
Advanced Degrees
2.7%
Below the national average
13.3%
% Population in Labor Force
59.1%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
30°F
Average Summer High Temperature
94°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®®

15 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broken Bow