Murray County, Oklahoma Housing Market
In Murray County, Oklahoma, the median home value is $159,800, with a median monthly rent of $881. This places Murray County at #2022 nationally out of 3134 counties by median home value, and #30 within Oklahoma.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $976
- Establishments: 308
- BLS QCEW, 2025
Housing Supply
- Single-family: 15
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,007 (avg $66,502)
- Outflow: 4,677 (avg $67,546)
- IRS Statistics of Income
How Murray County Compares
| Metric | Murray County | Oklahoma Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $159,800 | $152,012 | $227,706 |
| Median Gross Rent | $881 | $839 | $968 |
| Owner Occupancy Rate | 72.1% | 72.3% | 73.3% |
| Price/Rent Ratio | 15.1 | 14.9 | 18.7 |
Market Analysis
The median home value in Murray County is 5.1% above the Oklahoma state average and 29.8% below the U.S. national average. The median rent of $881/month is 5.0% above the state average.
With a price-to-rent ratio of 15.1, the buy-vs-rent decision in Murray County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Murray County has an owner-occupancy rate of 72.1%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pendleton County | Kentucky | $159,800 | $793 |
| Washington County | Alabama | $159,700 | $655 |
| Houghton County | Michigan | $159,900 | $840 |
| Hinds County | Mississippi | $159,900 | $1,061 |
| Torrance County | New Mexico | $159,700 | $872 |
Other Counties in Oklahoma
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Garfield County | $160,100 | $919 | 66.0% |
| 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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).