Canadian County, Oklahoma Housing Market Prices
Canadian 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 62% above the Oklahoma median Among the 5 most expensive counties in Oklahoma$216,613
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Median rent 27% above the Oklahoma median Most expensive county in Oklahoma$1,289
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Canadian County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,613 | $133,462 | $248,835 |
| Price Trend (Annual %) | 8.9% | 5.4% | 7.5% |
| Median Gross Rent | $1,289 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Canadian County is about 62% higher than in Oklahoma. Rent is about 27% higher 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 Canadian County, up about 8.9% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Canadian County rose about 45.7% between 2015 and 2024, from $885 to $1,289. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Canadian County.
Buying the median-priced home in Canadian County costs roughly 14.0 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 Canadian County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Canadian County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,613 | $133,462 | $248,835 |
| Median Household Income | $88,690 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.4 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Canadian County rose about 100.6%, while median household income rose about 42.9% 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 | Canadian County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.3% | 57.9% | 58.5% |
| Rental Rate | 23.7% | 30.1% | 31.2% |
| Vacancy Rate | 6.0% | 12.0% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Canadian County has a homeownership rate of 70.3%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 6.0%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Canadian County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.86 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1990 | 1981 | 1978 |
| Median Number of Rooms | 5.8 | 5.5 | 5.5 |
The typical housing unit in Canadian County was built around 1990. On average, 2.9 people live in a home with about 5.8 rooms, staying for about 13.0 years on average.
Canadian County, OK Housing Compared With Nearby Counties
Canadian County, OK is the 2nd largest of the 5 counties compared here, 168,984 residents against a local median of 41,526. The measure that sets Canadian County, OK apart most is median rent: $1,289, 49% above the local median of $867.
Median home price tells the same story from another angle: $216,613 against a local median of $167,697, 29% above it. The counties themselves spread $382 on median rent, so Canadian County, OK sits at one end of an already wide local range rather than apart from it. Canadian County, OK has the highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Canadian County, OK | 168,984 | $216,613 #1/5 | $1,289 #1/5 | 74.8% #2/5 |
| Grady County, OK | 56,605 | $143,749 | $882 | 75.0% |
| Caddo County, OK | 26,447 | $94,065 | $734 | 72.7% |
| Blaine County, OK | 8,570 | $203,652 | $852 | 73.4% |
| Oklahoma County, OK | 805,901 | $191,644 | $1,115 | 58.2% |
Frequently Asked Questions
Common questions about the housing market in Canadian County, Oklahoma.
What is the median home price in Canadian County, Oklahoma?
The median home price in Canadian County, Oklahoma is $216,613, higher than the Oklahoma average of $133,462.
What is the average home price in Canadian County, Oklahoma?
The typical home price in Canadian County, Oklahoma, reported as the median sale price, is $216,613. 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 Canadian County, Oklahoma?
The median gross rent in Canadian County, Oklahoma is $1,289 per month, higher than the Oklahoma average of $1,014.
What was the median gross rent in Canadian County in 2020?
In 2020, the median gross rent in Canadian County, Oklahoma was $965 per month.
What is the price-to-rent ratio in Canadian County, Oklahoma?
The price-to-rent ratio in Canadian County, Oklahoma is about 14.0, meaning it would take roughly 14.0 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 Canadian County.
Are home prices or rent rising faster in Canadian County, Oklahoma?
Both home prices and rent are rising in Canadian County, up about 8.9% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Canadian County, Oklahoma?
70.3% of households in Canadian County, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Canadian County, Oklahoma?
The housing vacancy rate in Canadian County, Oklahoma is 6.0%, lower than the Oklahoma average of 12.0%.
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