Greer County, Oklahoma Housing Market
In Greer County, Oklahoma, the median home value is $109,100, with a median monthly rent of $681. This places Greer County at #2809 nationally out of 3134 counties by median home value, and #66 within Oklahoma.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $655
- Establishments: 63
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,600 (avg $43,382)
- Outflow: 1,370 (avg $45,354)
- IRS Statistics of Income
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| Metric | Greer County | Oklahoma Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $109,100 | $152,012 | $227,706 |
| Median Gross Rent | $681 | $839 | $968 |
| Owner Occupancy Rate | 78.0% | 72.3% | 73.3% |
| Price/Rent Ratio | 13.4 | 14.9 | 18.7 |
Market Analysis
The median home value in Greer County is 28.2% below the Oklahoma state average and 52.1% below the U.S. national average. The median rent of $681/month is 18.8% below the state average.
With a price-to-rent ratio of 13.4, buying a home in Greer 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.
Greer County has an owner-occupancy rate of 78.0%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Iron County | Michigan | $109,100 | $716 |
| Clay County | West Virginia | $109,100 | $651 |
| Mississippi County | Missouri | $109,000 | $762 |
| Thomas County | Nebraska | $109,200 | $638 |
| Upton County | Texas | $109,000 | $720 |
Other Counties in Oklahoma
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Latimer County | $107,900 | $646 | 72.4% |
| Grant County | $105,700 | $853 | 76.3% |
| Cotton County | $113,900 | $772 | 80.3% |
| Coal County | $115,700 | $722 | 69.4% |
| Caddo County | $115,700 | $734 | 72.7% |
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).