Cotton County, Oklahoma Housing Market Prices
Cotton 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 13% below the Oklahoma median$115,789
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Median rent 24% below the Oklahoma median Cheaper than 74% of counties in Oklahoma$772
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cotton County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $115,789 | $133,462 | $248,835 |
| Price Trend (Annual %) | 34.3% | 5.4% | 7.5% |
| Median Gross Rent | $772 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cotton County is about 13% lower than in Oklahoma. Rent is about 24% 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 Cotton County, up about 34.3% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Cotton County rose about 36.6% between 2015 and 2024, from $565 to $772. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Cotton County.
Buying the median-priced home in Cotton County costs roughly 12.5 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 Cotton County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Cotton County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $115,789 | $133,462 | $248,835 |
| Median Household Income | $57,415 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.0 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cotton County rose about 492.9%, while median household income rose about 38.7% 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 | Cotton County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.8% | 57.9% | 58.5% |
| Rental Rate | 14.9% | 30.1% | 31.2% |
| Vacancy Rate | 24.4% | 12.0% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Cotton County has a homeownership rate of 60.8%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 24.4%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Cotton County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.65 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1975 | 1981 | 1978 |
| Median Number of Rooms | 5.7 | 5.5 | 5.5 |
The typical housing unit in Cotton County was built around 1975. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Cotton County, OK Housing Compared With Nearby Counties
Cotton County, OK is the smallest of the 5 counties compared here, 5,485 residents against a local median of 82,687. Cotton County, OK's homeownership, at 80.3%, runs 18% above the 67.9% typical of the counties around it. That is the better end of the local range on this measure.
Median rent tells the same story from another angle: $772 against a local median of $932, 17% below it. The counties themselves spread 28.4% on homeownership, so Cotton County, OK sits at one end of an already wide local range rather than apart from it. Cotton County, OK has the 2nd highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cotton County, OK | 5,485 | $115,789 #3/5 | $772 #5/5 | 80.3% #2/5 |
| Comanche County, OK | 121,825 | $124,492 | $970 | 55.6% |
| Wichita County, TX | 129,995 | $118,747 | $1,006 | 61.4% |
| Clay County, TX | 10,495 | $34,614 | $811 | 84.0% |
| Stephens County, OK | 43,550 | $95,276 | $894 | 74.4% |
Frequently Asked Questions
Common questions about the housing market in Cotton County, Oklahoma.
What is the median home price in Cotton County, Oklahoma?
The median home price in Cotton County, Oklahoma is $115,789, lower than the Oklahoma average of $133,462.
What is the average home price in Cotton County, Oklahoma?
The typical home price in Cotton County, Oklahoma, reported as the median sale price, is $115,789. 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 Cotton County, Oklahoma?
The median gross rent in Cotton County, Oklahoma is $772 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Cotton County in 2020?
In 2020, the median gross rent in Cotton County, Oklahoma was $657 per month.
What is the price-to-rent ratio in Cotton County, Oklahoma?
The price-to-rent ratio in Cotton County, Oklahoma is about 12.5, meaning it would take roughly 12.5 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 Cotton County.
Are home prices or rent rising faster in Cotton County, Oklahoma?
Both home prices and rent are rising in Cotton County, up about 34.3% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cotton County, Oklahoma?
60.8% of households in Cotton County, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Cotton County, Oklahoma?
The housing vacancy rate in Cotton County, Oklahoma is 24.4%, higher than the Oklahoma average of 12.0%.
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