Grady County, Oklahoma Housing Market Prices
Grady 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 8% above the Oklahoma median More expensive than 74% of counties in Oklahoma$143,749
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Median rent 13% below the Oklahoma median More expensive than 70% of counties in Oklahoma$882
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Grady County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $143,749 | $133,462 | $248,835 |
| Price Trend (Annual %) | 9.9% | 5.4% | 7.5% |
| Median Gross Rent | $882 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grady County is about 8% higher than in Oklahoma. Rent is about 13% 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 Grady County, up about 9.9% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Grady County rose about 33.1% between 2015 and 2024, from $663 to $882. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 1.9 yearly household incomes in Grady County.
Buying the median-priced home in Grady County costs roughly 13.6 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 Grady County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Grady County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $143,749 | $133,462 | $248,835 |
| Median Household Income | $75,292 | $65,606 | $80,455 |
| Price-to-Income Ratio | 1.9 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Grady County rose about 69.1%, while median household income rose about 60.4% 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 | Grady County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.9% | 57.9% | 58.5% |
| Rental Rate | 22.0% | 30.1% | 31.2% |
| Vacancy Rate | 12.1% | 12.0% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Grady County has a homeownership rate of 65.9%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 12.1%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Grady County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1985 | 1981 | 1978 |
| Median Number of Rooms | 5.7 | 5.5 | 5.5 |
The typical housing unit in Grady County was built around 1985. On average, 2.7 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Grady County, OK Housing Compared With Nearby Counties
Grady County, OK is the 3rd largest of the 5 counties compared here, 56,605 residents against a local median of 106,267. Nothing separates Grady County, OK sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median rent, 14% below the local median at $882 against $1,030. Grady County, OK has the 4th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grady County, OK | 56,605 | $143,749 #3/5 | $882 #4/5 | 75.0% #1/5 |
| Caddo County, OK | 26,447 | $94,065 | $734 | 72.7% |
| Stephens County, OK | 43,550 | $95,276 | $894 | 74.4% |
| Canadian County, OK | 168,984 | $216,613 | $1,289 | 74.8% |
| Cleveland County, OK | 300,046 | $240,311 | $1,166 | 63.9% |
Frequently Asked Questions
Common questions about the housing market in Grady County, Oklahoma.
What is the median home price in Grady County, Oklahoma?
The median home price in Grady County, Oklahoma is $143,749, higher than the Oklahoma average of $133,462.
What is the average home price in Grady County, Oklahoma?
The typical home price in Grady County, Oklahoma, reported as the median sale price, is $143,749. 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 Grady County, Oklahoma?
The median gross rent in Grady County, Oklahoma is $882 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Grady County in 2020?
In 2020, the median gross rent in Grady County, Oklahoma was $728 per month.
What is the price-to-rent ratio in Grady County, Oklahoma?
The price-to-rent ratio in Grady County, Oklahoma is about 13.6, meaning it would take roughly 13.6 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 Grady County.
Are home prices or rent rising faster in Grady County, Oklahoma?
Both home prices and rent are rising in Grady County, up about 9.9% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Grady County, Oklahoma?
65.9% of households in Grady County, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Grady County, Oklahoma?
The housing vacancy rate in Grady County, Oklahoma is 12.1%, higher than the Oklahoma average of 12.0%.
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