Garfield County, Oklahoma Housing Market

In Garfield County, Oklahoma, the median home value is $160,100, with a median monthly rent of $919. This places Garfield County at #2016 nationally out of 3134 counties by median home value, and #29 within Oklahoma.

Median Home Value $160,100
Median Rent $919/mo
Owner Occupancy 66.0%
Price/Rent Ratio 14.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Garfield County rose +2.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

19,835
jobs (private sector)
  • Avg weekly wage: $1,005
  • Establishments: 1,644
  • BLS QCEW, 2025
🏗️

Housing Supply

20
new units authorized (2025)
  • Single-family: 10
  • Multi-family: 10
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1840
net migration (filers, 2021-2022)
  • Inflow: 23,122 (avg $66,984)
  • Outflow: 21,282 (avg $68,472)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Garfield County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 73701 270.8 +5.37% 2025
2 73703 223.3 +2.42% 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 Garfield County Compares

MetricGarfield CountyOklahoma AverageU.S. Average
Median Home Value $160,100 $152,012 $227,706
Median Gross Rent $919 $839 $968
Owner Occupancy Rate 66.0% 72.3% 73.3%
Price/Rent Ratio 14.5 14.9 18.7

Market Analysis

The median home value in Garfield County is 5.3% above the Oklahoma state average and 29.7% below the U.S. national average. The median rent of $919/month is 9.5% above the state average.

With a price-to-rent ratio of 14.5, buying a home in Garfield 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.

Garfield County has an owner-occupancy rate of 66.0%, compared to 72.3% in Oklahoma and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Wright County Missouri $160,100 $625
Crittenden County Arkansas $160,200 $911
Scott County Kansas $160,000 $685
Henry County Tennessee $160,200 $761
Putnam County Florida $160,300 $906

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Murray County $159,800 $881 72.1%
Jackson County $158,400 $842 59.2%
Roger Mills County $157,800 $795 83.1%
Atoka County $157,600 $708 74.4%
Pittsburg County $156,900 $860 71.4%

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).