Love County, Oklahoma Housing Market Prices
Love 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 12% above the Oklahoma median More expensive than 75% of counties in Oklahoma$150,000
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Median rent 7% below the Oklahoma median More expensive than 87% of counties in Oklahoma$939
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Love County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $150,000 | $133,462 | $248,835 |
| Price Trend (Annual %) | 16.3% | 5.4% | 7.5% |
| Median Gross Rent | $939 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Love County is about 12% higher than in Oklahoma. Rent is about 7% 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 Love County, up about 16.3% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Love County rose about 43.8% between 2015 and 2024, from $653 to $939. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Love County.
Buying the median-priced home in Love County costs roughly 13.3 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 Love County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Love County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $150,000 | $133,462 | $248,835 |
| Median Household Income | $66,059 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Love County rose about 159.3%, while median household income rose about 52.8% 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 | Love County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.1% | 57.9% | 58.5% |
| Rental Rate | 22.3% | 30.1% | 31.2% |
| Vacancy Rate | 17.6% | 12.0% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Love County has a homeownership rate of 60.1%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 17.6%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Love County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1987 | 1981 | 1978 |
| Median Number of Rooms | 5.2 | 5.5 | 5.5 |
The typical housing unit in Love County was built around 1987. On average, 2.6 people live in a home with about 5.2 rooms, staying for about 16.0 years on average.
Love County, OK Housing Compared With Nearby Counties
Love County, OK is the smallest of the 6 counties compared here, 10,261 residents against a local median of 21,046. Love County, OK sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median home price, 13% below the local median at $150,000 against $172,115. Love County, OK has the 4th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Love County, OK | 10,261 | $150,000 #4/6 | $939 #4/6 | 73.0% #3/6 |
| Carter County, OK | 48,553 | $74,826 | $980 | 66.8% |
| Cooke County, TX | 43,046 | $216,949 | $1,047 | 71.8% |
| Marshall County, OK | 15,792 | $172,115 | $823 | 77.6% |
| Montague County, TX | 21,046 | $218,000 | $1,008 | 79.9% |
| Murray County, OK | 13,753 | $133,536 | $880 | 72.1% |
Frequently Asked Questions
Common questions about the housing market in Love County, Oklahoma.
What is the median home price in Love County, Oklahoma?
The median home price in Love County, Oklahoma is $150,000, higher than the Oklahoma average of $133,462.
What is the average home price in Love County, Oklahoma?
The typical home price in Love County, Oklahoma, reported as the median sale price, is $150,000. 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 Love County, Oklahoma?
The median gross rent in Love County, Oklahoma is $939 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Love County in 2020?
In 2020, the median gross rent in Love County, Oklahoma was $709 per month.
What is the price-to-rent ratio in Love County, Oklahoma?
The price-to-rent ratio in Love County, Oklahoma is about 13.3, meaning it would take roughly 13.3 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 Love County.
Are home prices or rent rising faster in Love County, Oklahoma?
Both home prices and rent are rising in Love County, up about 16.3% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Love County, Oklahoma?
60.1% of households in Love County, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Love County, Oklahoma?
The housing vacancy rate in Love County, Oklahoma is 17.6%, higher than the Oklahoma average of 12.0%.
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