Dewey County, Oklahoma Housing Market

In Dewey County, Oklahoma, the median home value is $133,600, with a median monthly rent of $912. This places Dewey County at #2454 nationally out of 3134 counties by median home value, and #49 within Oklahoma.

Median Home Value $133,600
Median Rent $912/mo
Owner Occupancy 76.4%
Price/Rent Ratio 12.2

📈 Price Trend (2017 → 2024)

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

📍 Economic Snapshot

💼

Employment & Wages

1,796
jobs (private sector)
  • Avg weekly wage: $1,658
  • Establishments: 150
  • BLS QCEW, 2025
🏗️

Housing Supply

6
new units authorized (2025)
  • Single-family: 6
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+65
net migration (filers, 2021-2022)
  • Inflow: 1,675 (avg $53,905)
  • Outflow: 1,610 (avg $51,334)
  • IRS Statistics of Income

How Dewey County Compares

MetricDewey CountyOklahoma AverageU.S. Average
Median Home Value $133,600 $152,012 $227,706
Median Gross Rent $912 $839 $968
Owner Occupancy Rate 76.4% 72.3% 73.3%
Price/Rent Ratio 12.2 14.9 18.7

Market Analysis

The median home value in Dewey County is 12.1% below the Oklahoma state average and 41.3% below the U.S. national average. The median rent of $912/month is 8.7% above the state average.

With a price-to-rent ratio of 12.2, buying a home in Dewey 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.

Dewey County has an owner-occupancy rate of 76.4%, 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
Elk County Pennsylvania $133,600 $719
Obion County Tennessee $133,600 $770
Cass County Indiana $133,800 $783
Mitchell County Kansas $133,800 $604
Clare County Michigan $133,800 $765

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Pushmataha County $132,300 $667 74.9%
Le Flore County $135,700 $798 72.8%
Pawnee County $131,500 $864 79.5%
Beaver County $130,100 $790 80.9%
Nowata County $137,800 $811 73.5%

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).