Garvin County, Oklahoma Housing Market

In Garvin County, Oklahoma, the median home value is $147,800, with a median monthly rent of $825. This places Garvin County at #2269 nationally out of 3134 counties by median home value, and #38 within Oklahoma.

Median Home Value $147,800
Median Rent $825/mo
Owner Occupancy 67.7%
Price/Rent Ratio 14.9

📈 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 Garvin County fell -9.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

8,000
jobs (private sector)
  • Avg weekly wage: $1,175
  • Establishments: 760
  • BLS QCEW, 2025
🏗️

Housing Supply

12
new units authorized (2025)
  • Single-family: 12
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+550
net migration (filers, 2021-2022)
  • Inflow: 9,398 (avg $59,647)
  • Outflow: 8,848 (avg $60,230)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 73075 284.4 -4.66% 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 Garvin County Compares

MetricGarvin CountyOklahoma AverageU.S. Average
Median Home Value $147,800 $152,012 $227,706
Median Gross Rent $825 $839 $968
Owner Occupancy Rate 67.7% 72.3% 73.3%
Price/Rent Ratio 14.9 14.9 18.7

Market Analysis

The median home value in Garvin County is 2.8% below the Oklahoma state average and 35.1% below the U.S. national average. The median rent of $825/month is 1.7% below the state average.

With a price-to-rent ratio of 14.9, buying a home in Garvin 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.

Garvin County has an owner-occupancy rate of 67.7%, 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
Howard County Iowa $147,800 $713
Graves County Kentucky $147,800 $775
Livingston County Missouri $147,700 $768
Herkimer County New York $147,700 $823
Hamilton County Texas $147,700 $885

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Noble County $146,400 $826 77.7%
McIntosh County $146,200 $780 76.6%
Major County $149,600 $696 82.5%
Stephens County $145,300 $895 74.4%
Craig County $150,500 $810 73.7%

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).