Ellis County, Oklahoma Housing Market Prices
Ellis 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 2% above the Oklahoma median$135,576
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Median rent 20% below the Oklahoma median$814
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ellis County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $135,576 | $133,462 | $248,835 |
| Price Trend (Annual %) | 16.9% | 5.4% | 7.5% |
| Median Gross Rent | $814 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ellis County is about 2% higher than in Oklahoma. Rent is about 20% 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 Ellis County, up about 16.9% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Ellis County rose about 26.5% between 2015 and 2024, from $644 to $814. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Ellis County.
Buying the median-priced home in Ellis County costs roughly 13.9 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 Ellis County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Ellis County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $135,576 | $133,462 | $248,835 |
| Median Household Income | $61,071 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.2 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ellis County rose about 42.7%, while median household income rose about 41.7% between 2009 and 2025 — keeping pace with each other.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Ellis County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.0% | 57.9% | 58.5% |
| Rental Rate | 12.5% | 30.1% | 31.2% |
| Vacancy Rate | 30.5% | 12.0% | 10.2% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Ellis County has a homeownership rate of 57.0%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 30.5%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Ellis County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1976 | 1981 | 1978 |
| Median Number of Rooms | 6.0 | 5.5 | 5.5 |
The typical housing unit in Ellis County was built around 1976. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 20.0 years on average.
Ellis County, OK Housing Compared With Nearby Counties
How Ellis County, OK compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Ellis County, OK | 3,683 | $135,577 #2/2 | $814 #2/2 | 82.1% #1/2 |
| Woodward County, OK | 20,158 | $239,674 | $838 | 73.2% |
Frequently Asked Questions
Common questions about the housing market in Ellis County, Oklahoma.
What is the median home price in Ellis County, Oklahoma?
The median home price in Ellis County, Oklahoma is $135,577, higher than the Oklahoma average of $133,462.
What is the average home price in Ellis County, Oklahoma?
The typical home price in Ellis County, Oklahoma, reported as the median sale price, is $135,577. 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 Ellis County, Oklahoma?
The median gross rent in Ellis County, Oklahoma is $814 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Ellis County in 2020?
In 2020, the median gross rent in Ellis County, Oklahoma was $687 per month.
What is the price-to-rent ratio in Ellis County, Oklahoma?
The price-to-rent ratio in Ellis County, Oklahoma is about 13.9, meaning it would take roughly 13.9 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 Ellis County.
Are home prices or rent rising faster in Ellis County, Oklahoma?
Both home prices and rent are rising in Ellis County, up about 16.9% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Ellis County, Oklahoma?
57.0% of households in Ellis County, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Ellis County, Oklahoma?
The housing vacancy rate in Ellis County, Oklahoma is 30.5%, higher than the Oklahoma average of 12.0%.
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