Jefferson County, Oklahoma Housing Market Prices
Jefferson 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 71% below the Oklahoma median Among the top 5 cheapest counties in Oklahoma$38,332
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Median rent 36% below the Oklahoma median Among the top 3 cheapest counties in Oklahoma$646
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jefferson County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,332 | $133,462 | $248,835 |
| Price Trend (Annual %) | 0.7% | 5.4% | 7.5% |
| Median Gross Rent | $646 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jefferson County is about 71% lower than in Oklahoma. Rent is about 36% 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 Jefferson County, up about 0.7% and 3.6% a year respectively. Rent is changing faster.
Median rent in Jefferson County rose about 38.0% between 2015 and 2024, from $468 to $646. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Jefferson County.
Buying the median-priced home in Jefferson County costs roughly 4.9 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 Jefferson County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Jefferson County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $38,332 | $133,462 | $248,835 |
| Median Household Income | $48,786 | $65,606 | $80,455 |
| Price-to-Income Ratio | 0.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jefferson County rose about 1.3%, while median household income rose about 43.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jefferson County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.1% | 57.9% | 58.5% |
| Rental Rate | 23.0% | 30.1% | 31.2% |
| Vacancy Rate | 20.9% | 12.0% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Jefferson County has a homeownership rate of 56.1%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 20.9%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Jefferson County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1974 | 1981 | 1978 |
| Median Number of Rooms | 5.6 | 5.5 | 5.5 |
The typical housing unit in Jefferson County was built around 1974. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Jefferson County, OK Housing Compared With Nearby Counties
Jefferson County, OK is the smallest of the 5 counties compared here, 5,379 residents against a local median of 32,298. Jefferson County, OK's median home price, at $38,332, runs 55% below the $85,051 typical of the counties around it.
Median rent tells the same story from another angle: $646 against a local median of $937, 31% below it. The counties themselves spread $183,385 on median home price, so Jefferson County, OK sits at one end of an already wide local range rather than apart from it. Jefferson County, OK has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jefferson County, OK | 5,379 | $38,332 #4/5 | $646 #5/5 | 70.9% #4/5 |
| Stephens County, OK | 43,550 | $95,276 | $894 | 74.4% |
| Montague County, TX | 21,046 | $218,000 | $1,008 | 79.9% |
| Clay County, TX | 10,495 | $34,614 | $811 | 84.0% |
| Carter County, OK | 48,553 | $74,826 | $980 | 66.8% |
Frequently Asked Questions
Common questions about the housing market in Jefferson County, Oklahoma.
What is the median home price in Jefferson County, Oklahoma?
The median home price in Jefferson County, Oklahoma is $38,332, lower than the Oklahoma average of $133,462.
What is the average home price in Jefferson County, Oklahoma?
The typical home price in Jefferson County, Oklahoma, reported as the median sale price, is $38,332. 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 Jefferson County, Oklahoma?
The median gross rent in Jefferson County, Oklahoma is $646 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Jefferson County in 2020?
In 2020, the median gross rent in Jefferson County, Oklahoma was $483 per month.
What is the price-to-rent ratio in Jefferson County, Oklahoma?
The price-to-rent ratio in Jefferson County, Oklahoma is about 4.9, meaning it would take roughly 4.9 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 Jefferson County.
Are home prices or rent rising faster in Jefferson County, Oklahoma?
Both home prices and rent are rising in Jefferson County, up about 0.7% and 3.6% a year respectively. Rent is changing faster.
What is the homeownership rate in Jefferson County, Oklahoma?
56.1% of households in Jefferson County, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Jefferson County, Oklahoma?
The housing vacancy rate in Jefferson County, Oklahoma is 20.9%, higher than the Oklahoma average of 12.0%.
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