Caddo County, Oklahoma Housing Market Prices
Caddo County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 30% below the Oklahoma median$94,065
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Median rent 28% below the Oklahoma median Cheaper than 79% of counties in Oklahoma$734
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,065 | $133,462 | $248,835 |
| Price Trend (Annual %) | 3.0% | 5.4% | 7.5% |
| Median Gross Rent | $734 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Caddo County is about 30% lower than in Oklahoma. Rent is about 28% lower than the Oklahoma average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Caddo County, up about 3.0% and 3.8% a year respectively. Rent is changing faster.
Median rent in Caddo County rose about 34.9% between 2015 and 2024, from $544 to $734. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Caddo County.
Buying the median-priced home in Caddo County costs roughly 10.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Caddo County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,065 | $133,462 | $248,835 |
| Median Household Income | $55,019 | $65,606 | $80,455 |
| Price-to-Income Ratio | 1.7 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Caddo County rose about 58.6%, while median household income rose about 38.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 57.9% | 58.5% |
| Rental Rate | 21.4% | 30.1% | 31.2% |
| Vacancy Rate | 21.6% | 12.0% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Caddo County has a homeownership rate of 57.0%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 21.6%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.76 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1975 | 1981 | 1978 |
| Median Number of Rooms | 5.4 | 5.5 | 5.5 |
The typical housing unit in Caddo County was built around 1975. On average, 2.8 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Caddo County, OK Housing Compared With Nearby Counties
Caddo County, OK is the smallest of the 4 counties compared here, 26,447 residents against a local median of 121,825. Where Caddo County, OK breaks from the counties next to it is median home price, sitting 35% below the local median of $143,749 at $94,065.
Median rent tells the same story from another angle: $734 against a local median of $970, 24% below it. The counties themselves spread $92,121 on median home price, so Caddo County, OK sits at one end of an already wide local range rather than apart from it. Caddo County, OK has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Caddo County, OK | 26,447 | $94,065 #4/4 | $734 #4/4 | 72.7% #3/4 |
| Grady County, OK | 56,605 | $143,749 | $882 | 75.0% |
| Comanche County, OK | 121,825 | $124,492 | $970 | 55.6% |
| Canadian County, OK | 168,984 | $216,613 | $1,289 | 74.8% |
Frequently Asked Questions
Common questions about the housing market in Caddo County, Oklahoma.
What is the median home price in Caddo County, Oklahoma?
The median home price in Caddo County, Oklahoma is $94,065, lower than the Oklahoma average of $133,462.
What is the average home price in Caddo County, Oklahoma?
The typical home price in Caddo County, Oklahoma, reported as the median sale price, is $94,065. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Caddo County, Oklahoma?
The median gross rent in Caddo County, Oklahoma is $734 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Caddo County in 2020?
In 2020, the median gross rent in Caddo County, Oklahoma was $593 per month.
What is the price-to-rent ratio in Caddo County, Oklahoma?
The price-to-rent ratio in Caddo County, Oklahoma is about 10.7, meaning it would take roughly 10.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Caddo County.
Are home prices or rent rising faster in Caddo County, Oklahoma?
Both home prices and rent are rising in Caddo County, up about 3.0% and 3.8% a year respectively. Rent is changing faster.
What is the homeownership rate in Caddo County, Oklahoma?
57.0% of households in Caddo County, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Caddo County, Oklahoma?
The housing vacancy rate in Caddo County, Oklahoma is 21.6%, higher than the Oklahoma average of 12.0%.
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