Woodward, OK

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Woodward short-term rental market based on reliable data.

Listings

85 / 159

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$16,765

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$128,719

Median Home Sale Price

Top Earners

$32,369

Top-Earners Revenue

Woodward

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Woodward.

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B

Generally Investor friendly

Woodward Regulations

STRs appear permissible citywide with no explicit prohibition or caps identified in the materials, and operations hinge on standard city ordinances (noise, zoning, building permits). The lack of a dedicated STR license and unclear lodging zoning create some compliance uncertainty, but the documented rules are moderate and manageable, supporting an investable environment with reasonable diligence.

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About Woodward

Woodward is a city in and the county seat of Woodward County, Oklahoma, United States. It is the largest city in a nine-county area. The population was 12,133 at the time of the 2020 census.The area was historically occupied by the Kiowa, Comanche, Cheyenne and Arapaho tribes. European-American settlers established the town in 1887 after construction of the railroad to that point for shipping cattle to markets. The town was on the Great Western Cattle Trail. In the 19th century, it was one of the most important depots in the Oklahoma Territory for shipping cattle to the East. As an important cattle town, it had the rough frontier bawdiness of the time. The United States opened up much of the area to European-American settlement by the Land Run of 1893, and migrants rushed into the area. Boiling Springs State Park, named for its artesian springs that seem to boil, has been established east of the city.

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