Carnegie, Oklahoma, a small community, has experienced significant changes in its demographics and housing market over the past decade. From 2013 to 2022, the town saw an increase in homeownership rates from 70% to 71%, while average home prices rose from $53,599 to $72,106. This period was characterized by a general upward trend in homeownership, with some fluctuations, such as a dip to 65% in 2019 before rebounding. The average home prices showed consistent growth, with a notable increase of 34.5% over this period.

Federal interest rates appear to have influenced homeownership rates in Carnegie. During the years of historically low interest rates (0.11% to 0.40%) from 2013 to 2016, homeownership remained relatively stable around 66-67%. As interest rates began to rise more significantly from 2017 (1.00%) to 2019 (2.16%), homeownership rates initially held steady but then increased to 71% by 2022, despite the interest rate reaching 1.68% that year. This suggests that local factors may have played a stronger role in homeownership decisions than national interest rates during this period.

The rental market in Carnegie also experienced changes. Renter percentages decreased slightly from 33% in 2014 to 29% in 2022, while average rent prices increased from $484 to $602 during the same period. This 24.4% increase in average rent outpaced the growth in the renter population, which actually declined. The city's overall population decreased from 2,633 in 2014 to 2,204 in 2022, which may have contributed to the changing rental market dynamics.