Cleveland County, Oklahoma Housing Market Prices
Cleveland 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 80% above the Oklahoma median Among the 3 most expensive counties in Oklahoma$240,311
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Median rent 15% above the Oklahoma median Among the 3 most expensive counties in Oklahoma$1,166
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cleveland County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $240,311 | $133,462 | $248,835 |
| Price Trend (Annual %) | 8.1% | 5.4% | 7.5% |
| Median Gross Rent | $1,166 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cleveland County is about 80% higher than in Oklahoma. Rent is about 15% 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 Cleveland County, up about 8.1% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Cleveland County rose about 40.5% between 2015 and 2024, from $830 to $1,166. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Cleveland County.
Buying the median-priced home in Cleveland County costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cleveland County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Cleveland County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $240,311 | $133,462 | $248,835 |
| Median Household Income | $76,969 | $65,606 | $80,455 |
| Price-to-Income Ratio | 3.1 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cleveland County rose about 96.8%, while median household income rose about 45.7% 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 | Cleveland County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.0% | 57.9% | 58.5% |
| Rental Rate | 33.9% | 30.1% | 31.2% |
| Vacancy Rate | 6.1% | 12.0% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Cleveland County has a homeownership rate of 60.0%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 6.1%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Cleveland County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.46 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1986 | 1981 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Cleveland County was built around 1986. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 13.0 years on average.
Cleveland County, OK Housing Compared With Nearby Counties
Cleveland County, OK is the 2nd largest of the 4 counties compared here, 300,046 residents against a local median of 73,462. Cleveland County, OK's median home price, at $240,311, runs 52% above the $157,894 typical of the counties around it.
Median rent tells the same story from another angle: $1,166 against a local median of $894, 31% above it. The counties themselves sit within $47,895 of each other on median home price, a tighter band than the gap between any of them and Cleveland County, OK, which makes it a genuine outlier here rather than one end of a wide local spread. Cleveland County, OK has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cleveland County, OK | 300,046 | $240,311 #1/4 | $1,166 #1/4 | 63.9% #3/4 |
| Oklahoma County, OK | 805,901 | $191,644 | $1,115 | 58.2% |
| Pottawatomie County, OK | 73,462 | $157,894 | $894 | 70.4% |
| Grady County, OK | 56,605 | $143,749 | $882 | 75.0% |
Frequently Asked Questions
Common questions about the housing market in Cleveland County, Oklahoma.
What is the median home price in Cleveland County, Oklahoma?
The median home price in Cleveland County, Oklahoma is $240,311, higher than the Oklahoma average of $133,462.
What is the average home price in Cleveland County, Oklahoma?
The typical home price in Cleveland County, Oklahoma, reported as the median sale price, is $240,311. 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 Cleveland County, Oklahoma?
The median gross rent in Cleveland County, Oklahoma is $1,166 per month, higher than the Oklahoma average of $1,014.
What was the median gross rent in Cleveland County in 2020?
In 2020, the median gross rent in Cleveland County, Oklahoma was $935 per month.
What is the price-to-rent ratio in Cleveland County, Oklahoma?
The price-to-rent ratio in Cleveland County, Oklahoma is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cleveland County.
Are home prices or rent rising faster in Cleveland County, Oklahoma?
Both home prices and rent are rising in Cleveland County, up about 8.1% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cleveland County, Oklahoma?
60.0% of households in Cleveland County, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Cleveland County, Oklahoma?
The housing vacancy rate in Cleveland County, Oklahoma is 6.1%, lower than the Oklahoma average of 12.0%.
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