Current home values in Oklahoma

Home values have been rising throughout Oklahoma and are up 3.83% from a year ago.

Statewide, the median value for a single-family home — meaning half are worth more, half are worth less — is currently $124,800 , Zillow says.

Could you afford that? Let's say you want to buy that mid-priced home using a 30-year fixed-rate mortgage at this week's average interest rate, which is a low 3.69%, says mortgage company Freddie Mac.

With the 30-year mortgage rate at 3.69% and the median home price for Oklahoma at $124,800 , a representative monthly mortgage payment would be $573.73.

How the Oklahoma housing market stacks up

Brick town in Oklahoma
Hussam Al-Mashhadani / Shutterstock
Brick town in Oklahoma

Property values in Oklahoma are high by historical standards and are lower than what the typical house is worth nationwide.

The median home value throughout the U.S. is $229,600, which is up 4.88% from a year ago.

Zillow predicts U.S. home values will rise 2.2% over the next year, while in Oklahoma, they're expected to rise 1.40%.

Homes are going on the market in Oklahoma at a median price of $82 per square foot, versus $155 per square foot nationwide.

Are you looking to buy? Take a look at today's best mortgage rates where you live.

Oklahoma home prices over the last 10 years

Year Avg. Price
2019* $124,913
2018 $120,567
2017 $114,583
2016 $106,367
2015 $98,775
2014 $95,767
2013 $94,192
2012 $93,517
2011 $94,483
2010 $96,992
2009 $96,383

*2019 price average through August 2019.

How much for an average-sized home?

Here's what a 2,500-square-foot home in Oklahoma is worth now, and how that's changed over the last decade, based on the Zillow Home Value Index.

Year Avg. Price
2019* $205,000
2018 $197,500
2017 $192,500
2016 $177,500
2015 $165,000
2014 $160,000
2013 $157,500
2012 $155,000
2011 $155,000
2010 $162,500
2009 $162,500

*2019 price average through August 2019.

About the Author

Doug Whiteman

Doug Whiteman


Doug Whiteman is the editor-in-chief of MoneyWise. He has been quoted by The Wall Street Journal, USA Today and and has been interviewed on Fox Business, CBS Radio and the syndicated TV show "First Business."

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