Muskogee, Oklahoma Housing Market Prices
Muskogee 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 20% below the Oklahoma median$106,470
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Median rent 15% below the Oklahoma median$863
Housing Market Overview
| Metric | Muskogee | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $106,470 | $133,462 | $248,835 |
| Price Trend (Annual %) | 7.2% | 5.4% | 7.5% |
| Median Gross Rent | $863 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Muskogee is about 20% lower than in Oklahoma. Rent is about 15% 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 Muskogee, up about 7.2% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Muskogee rose about 34.7% between 2015 and 2024, from $641 to $863. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Muskogee.
Buying the median-priced home in Muskogee costs roughly 10.3 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 Muskogee. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Muskogee | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $106,470 | $133,462 | $248,835 |
| Median Household Income | $50,443 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.1 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Muskogee rose about 56.7%, while median household income rose about 48.2% 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 | Muskogee | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.6% | 57.9% | 58.5% |
| Rental Rate | 38.6% | 30.1% | 31.2% |
| Vacancy Rate | 12.8% | 12.0% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Muskogee has a homeownership rate of 48.6%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 12.8%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Muskogee | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1970 | 1981 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Muskogee was built around 1970. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Muskogee, Oklahoma.
What is the median home price in Muskogee, Oklahoma?
The median home price in Muskogee, Oklahoma is $106,470, lower than the Oklahoma average of $133,462.
What is the average home price in Muskogee, Oklahoma?
The typical home price in Muskogee, Oklahoma, reported as the median sale price, is $106,470. 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 Muskogee, Oklahoma?
The median gross rent in Muskogee, Oklahoma is $863 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Muskogee in 2020?
In 2020, the median gross rent in Muskogee, Oklahoma was $684 per month.
What is the price-to-rent ratio in Muskogee, Oklahoma?
The price-to-rent ratio in Muskogee, Oklahoma is about 10.3, meaning it would take roughly 10.3 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 Muskogee.
Are home prices or rent rising faster in Muskogee, Oklahoma?
Both home prices and rent are rising in Muskogee, up about 7.2% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Muskogee, Oklahoma?
48.6% of households in Muskogee, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Muskogee, Oklahoma?
The housing vacancy rate in Muskogee, Oklahoma is 12.8%, higher than the Oklahoma average of 12.0%.
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