Grant County, Oklahoma Housing Market Prices
Grant 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 39% below the Oklahoma median$81,666
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Median rent 16% below the Oklahoma median$852
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Grant County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $81,666 | $133,462 | $248,835 |
| Price Trend (Annual %) | 1.7% | 5.4% | 7.5% |
| Median Gross Rent | $852 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Grant County is about 39% lower than in Oklahoma. Rent is about 16% 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 Grant County, up about 1.7% and 3.6% a year respectively. Rent is changing faster.
Median rent in Grant County rose about 40.7% between 2015 and 2024, from $606 to $852. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Grant County.
Buying the median-priced home in Grant County costs roughly 8.0 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 Grant County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Grant County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $81,666 | $133,462 | $248,835 |
| Median Household Income | $61,087 | $65,606 | $80,455 |
| Price-to-Income Ratio | 1.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Grant County rose about 111.5%, while median household income rose about 34.6% 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 | Grant County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.9% | 57.9% | 58.5% |
| Rental Rate | 17.7% | 30.1% | 31.2% |
| Vacancy Rate | 25.5% | 12.0% | 10.2% |
| Median Tenure (years) | 19.0 | 14.0 | 15.0 |
| Median Year Moved In | 2007 | 2012 | 2011 |
Grant County has a homeownership rate of 56.9%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 25.5%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Grant County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1963 | 1981 | 1978 |
| Median Number of Rooms | 6.0 | 5.5 | 5.5 |
The typical housing unit in Grant County was built around 1963. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 19.0 years on average.
Grant County, OK Housing Compared With Nearby Counties
Grant County, OK is the smallest of the 5 counties compared here, 4,130 residents against a local median of 32,989. The measure that sets Grant County, OK apart most is median home price: $81,666, 27% above the local median of $64,522.
The counties themselves spread $48,359 on median home price, so Grant County, OK sits at one end of an already wide local range rather than apart from it. Grant County, OK has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Grant County, OK | 4,130 | $81,666 #2/5 | $852 #2/5 | 76.3% #2/5 |
| Garfield County, OK | 62,146 | $59,368 | $919 | 66.0% |
| Sumner County, KS | 22,353 | $95,090 | $824 | 75.1% |
| Alfalfa County, OK | 5,696 | $69,676 | $705 | 77.5% |
| Kay County, OK | 43,624 | $46,731 | $841 | 69.2% |
Frequently Asked Questions
Common questions about the housing market in Grant County, Oklahoma.
What is the median home price in Grant County, Oklahoma?
The median home price in Grant County, Oklahoma is $81,666, lower than the Oklahoma average of $133,462.
What is the average home price in Grant County, Oklahoma?
The typical home price in Grant County, Oklahoma, reported as the median sale price, is $81,666. 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 Grant County, Oklahoma?
The median gross rent in Grant County, Oklahoma is $852 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Grant County in 2020?
In 2020, the median gross rent in Grant County, Oklahoma was $689 per month.
What is the price-to-rent ratio in Grant County, Oklahoma?
The price-to-rent ratio in Grant County, Oklahoma is about 8.0, meaning it would take roughly 8.0 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 Grant County.
Are home prices or rent rising faster in Grant County, Oklahoma?
Both home prices and rent are rising in Grant County, up about 1.7% and 3.6% a year respectively. Rent is changing faster.
What is the homeownership rate in Grant County, Oklahoma?
56.9% of households in Grant County, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Grant County, Oklahoma?
The housing vacancy rate in Grant County, Oklahoma is 25.5%, higher than the Oklahoma average of 12.0%.
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