Alfalfa County, Oklahoma Housing Market

In Alfalfa County, Oklahoma, the median home value is $101,500, with a median monthly rent of $705. This places Alfalfa County at #2898 nationally out of 3134 counties by median home value, and #70 within Oklahoma.

Median Home Value $101,500
Median Rent $705/mo
Owner Occupancy 77.5%
Price/Rent Ratio 12.0

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

646
jobs (private sector)
  • Avg weekly wage: $1,127
  • Establishments: 107
  • BLS QCEW, 2025
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Migration Patterns

+57
net migration (filers, 2021-2022)
  • Inflow: 1,664 (avg $66,409)
  • Outflow: 1,607 (avg $67,360)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Alfalfa County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 73717 207.8 +0.41% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Alfalfa County Compares

MetricAlfalfa CountyOklahoma AverageU.S. Average
Median Home Value $101,500 $152,012 $227,706
Median Gross Rent $705 $839 $968
Owner Occupancy Rate 77.5% 72.3% 73.3%
Price/Rent Ratio 12.0 14.9 18.7

Market Analysis

The median home value in Alfalfa County is 33.2% below the Oklahoma state average and 55.4% below the U.S. national average. The median rent of $705/month is 16.0% below the state average.

With a price-to-rent ratio of 12.0, buying a home in Alfalfa County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Alfalfa County has an owner-occupancy rate of 77.5%, compared to 72.3% in Oklahoma and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Norton County Kansas $101,500 $609
Shelby County Texas $101,500 $781
Marion County Texas $101,500 $911
Bacon County Georgia $101,400 $743
Pike County Illinois $101,400 $676

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Hughes County $102,000 $660 74.1%
Seminole County $99,500 $752 71.0%
Harper County $99,200 $828 83.6%
Cimarron County $98,600 $718 78.4%
Grant County $105,700 $853 76.3%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).