Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$48,441
$619

Housing Market Overview

Metric Major County Oklahoma Avg US Average
Median Home Price $48,441 $127,500 $242,182
Price Trend (Annual %) 7.0% 5.5% 8.2%
Median Gross Rent $619 $979 $1,342
Rent Trend (Annual %) 1.0% 4.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Major County
Oklahoma
United States
Year Major County Oklahoma United States
Median Rent Over Time
Major County
Oklahoma
United States
Year Major County Oklahoma United States

Affordability

On average, housing unit costs 0.7 yearly household incomes in Major County.

Metric Major County Oklahoma Avg US Average
Median Home Price $48,441 $127,500 $242,182
Median Household Income $68,094 $63,953 $78,145
Price-to-Income Ratio 0.7 2.0 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Major County Oklahoma Avg US Average
Homeownership Rate 68.8% 57.6% 58.2%
Rental Rate 17.4% 29.9% 31.3%
Vacancy Rate 13.8% 12.5% 10.6%
Median Tenure (years) 16.0 14.0 15.0
Median Year Moved In 2010 2012 2011

Housing Stock

Metric Major County Oklahoma Avg US Average
Average Household Size 2.36 people 2.51 people 2.54 people
Median Structure Built Year 1975 1980 1978
Median Number of Rooms 5.9 5.5 5.5