Oklahoma County, Oklahoma Housing Market

In Oklahoma County, Oklahoma, the median home value is $222,900, with a median monthly rent of $1,116. This places Oklahoma County at #1154 nationally out of 3134 counties by median home value, and #9 within Oklahoma.

Median Home Value $222,900
Median Rent $1,116/mo
Owner Occupancy 58.2%
Price/Rent Ratio 16.6

📈 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 Oklahoma County rose +1.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

418,194
jobs (private sector)
  • Avg weekly wage: $1,291
  • Establishments: 33,190
  • BLS QCEW, 2025
🏗️

Housing Supply

6,803
new units authorized (2025)
  • Single-family: 4,945
  • Multi-family: 1,858
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+9072
net migration (filers, 2021-2022)
  • Inflow: 300,232 (avg $86,315)
  • Outflow: 291,160 (avg $87,368)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Oklahoma County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 73119 338.4 -0.57% 2025
2 73131 254.4 -5.64% 2025
3 73121 274.4 +14.80% 2025
4 73105 299.8 +7.74% 2025
5 73103 477.4 +13.62% 2025
6 73111 268.4 — 2025
7 73130 254.9 +8.29% 2025
8 73142 229.1 +3.06% 2025
9 73110 261.8 +1.96% 2025
10 73116 309.4 +5.99% 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 Oklahoma County Compares

MetricOklahoma CountyOklahoma AverageU.S. Average
Median Home Value $222,900 $152,012 $227,706
Median Gross Rent $1,116 $839 $968
Owner Occupancy Rate 58.2% 72.3% 73.3%
Price/Rent Ratio 16.6 14.9 18.7

Market Analysis

The median home value in Oklahoma County is 46.6% above the Oklahoma state average and 2.1% below the U.S. national average. The median rent of $1,116/month is 33.0% above the state average.

With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Oklahoma County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Oklahoma County has an owner-occupancy rate of 58.2%, 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
Gordon County Georgia $222,900 $937
Clark County Indiana $222,900 $1,129
Posey County Indiana $222,900 $782
Ontario County New York $222,900 $1,150
Turner County South Dakota $222,900 $742

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Payne County $223,300 $917 51.0%
Kingfisher County $215,800 $891 74.5%
Tulsa County $230,400 $1,110 59.7%
Wagoner County $234,800 $1,068 81.3%
Cleveland County $235,700 $1,167 63.9%

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).