Jenks, Oklahoma Housing Market Prices
Jenks 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 212% above the Oklahoma median$416,703
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Median rent 56% above the Oklahoma median$1,578
Housing Market Overview
| Metric | Jenks | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $416,703 | $133,462 | $248,835 |
| Price Trend (Annual %) | 14.9% | 5.4% | 7.5% |
| Median Gross Rent | $1,578 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jenks is about 212% higher than in Oklahoma. Rent is about 56% higher 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 Jenks, up about 14.9% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Jenks rose about 45.2% between 2015 and 2024, from $1,087 to $1,578. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Jenks.
Buying the median-priced home in Jenks costs roughly 22.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jenks. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Jenks | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $416,703 | $133,462 | $248,835 |
| Median Household Income | $110,124 | $65,606 | $80,455 |
| Price-to-Income Ratio | 3.8 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jenks rose about 167.9%, while median household income rose about 39.8% 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 | Jenks | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.4% | 57.9% | 58.5% |
| Rental Rate | 20.6% | 30.1% | 31.2% |
| Vacancy Rate | 7.0% | 12.0% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Jenks has a homeownership rate of 72.4%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 7.0%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Jenks | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.99 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2004 | 1981 | 1978 |
| Median Number of Rooms | 6.6 | 5.5 | 5.5 |
The typical housing unit in Jenks was built around 2004. On average, 3.0 people live in a home with about 6.6 rooms, staying for about 11.0 years on average.
Jenks, OK Housing Compared With Nearby Cities
How Jenks, OK compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jenks, OK | 23,435 | $416,703 #2/2 | $1,578 #1/2 | 77.8% #2/2 |
| Bixby, OK | 24,819 | $450,717 | $1,478 | 80.2% |
Frequently Asked Questions
Common questions about the housing market in Jenks, Oklahoma.
What is the median home price in Jenks, Oklahoma?
The median home price in Jenks, Oklahoma is $416,703, higher than the Oklahoma average of $133,462.
What is the average home price in Jenks, Oklahoma?
The typical home price in Jenks, Oklahoma, reported as the median sale price, is $416,703. 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 Jenks, Oklahoma?
The median gross rent in Jenks, Oklahoma is $1,578 per month, higher than the Oklahoma average of $1,014.
What was the median gross rent in Jenks in 2020?
In 2020, the median gross rent in Jenks, Oklahoma was $1,243 per month.
What is the price-to-rent ratio in Jenks, Oklahoma?
The price-to-rent ratio in Jenks, Oklahoma is about 22.0, meaning it would take roughly 22.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jenks.
Are home prices or rent rising faster in Jenks, Oklahoma?
Both home prices and rent are rising in Jenks, up about 14.9% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jenks, Oklahoma?
72.4% of households in Jenks, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Jenks, Oklahoma?
The housing vacancy rate in Jenks, Oklahoma is 7.0%, lower than the Oklahoma average of 12.0%.
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