Nowata County, Oklahoma Housing Market Prices
Nowata 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 46% below the Oklahoma median Cheaper than 78% of counties in Oklahoma$71,481
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Median rent 20% below the Oklahoma median$811
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Nowata County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $71,481 | $133,462 | $248,835 |
| Price Trend (Annual %) | 8.2% | 5.4% | 7.5% |
| Median Gross Rent | $811 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Nowata County is about 46% lower than in Oklahoma. Rent is about 20% 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 Nowata County, up about 8.2% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Nowata County rose about 31.3% between 2015 and 2024, from $617 to $811. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Nowata County.
Buying the median-priced home in Nowata County costs roughly 7.3 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 Nowata County. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Nowata County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $71,481 | $133,462 | $248,835 |
| Median Household Income | $55,895 | $65,606 | $80,455 |
| Price-to-Income Ratio | 1.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Nowata County rose about 57.1%, while median household income rose about 39.7% 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 | Nowata County | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.1% | 57.9% | 58.5% |
| Rental Rate | 22.4% | 30.1% | 31.2% |
| Vacancy Rate | 15.5% | 12.0% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Nowata County has a homeownership rate of 62.1%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 15.5%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Nowata County | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.52 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1969 | 1981 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Nowata County was built around 1969. On average, 2.5 people live in a home with about 5.3 rooms, staying for about 15.0 years on average.
Nowata County, OK Housing Compared With Nearby Counties
Nowata County, OK is the smallest of the 6 counties compared here, 9,434 residents against a local median of 30,940. Nowata 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, 2% below the local median at $71,481 against $73,125. Nowata County, OK has the 4th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Nowata County, OK | 9,434 | $71,481 #4/6 | $811 #3/6 | 73.5% #4/6 |
| Washington County, OK | 53,323 | $167,264 | $907 | 71.9% |
| Craig County, OK | 14,302 | $73,125 | $810 | 73.7% |
| Montgomery County, KS | 30,940 | $31,389 | $761 | 72.9% |
| Rogers County, OK | 98,605 | $192,881 | $1,047 | 77.8% |
| Labette County, KS | 19,869 | $66,547 | $745 | 74.0% |
Frequently Asked Questions
Common questions about the housing market in Nowata County, Oklahoma.
What is the median home price in Nowata County, Oklahoma?
The median home price in Nowata County, Oklahoma is $71,481, lower than the Oklahoma average of $133,462.
What is the average home price in Nowata County, Oklahoma?
The typical home price in Nowata County, Oklahoma, reported as the median sale price, is $71,481. 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 Nowata County, Oklahoma?
The median gross rent in Nowata County, Oklahoma is $811 per month, lower than the Oklahoma average of $1,014.
What was the median gross rent in Nowata County in 2020?
In 2020, the median gross rent in Nowata County, Oklahoma was $664 per month.
What is the price-to-rent ratio in Nowata County, Oklahoma?
The price-to-rent ratio in Nowata County, Oklahoma is about 7.3, meaning it would take roughly 7.3 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 Nowata County.
Are home prices or rent rising faster in Nowata County, Oklahoma?
Both home prices and rent are rising in Nowata County, up about 8.2% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Nowata County, Oklahoma?
62.1% of households in Nowata County, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Nowata County, Oklahoma?
The housing vacancy rate in Nowata County, Oklahoma is 15.5%, higher than the Oklahoma average of 12.0%.
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