Ottawa County, Oklahoma Housing Market
In Ottawa County, Oklahoma, the median home value is $123,300, with a median monthly rent of $788. This places Ottawa County at #2575 nationally out of 3134 counties by median home value, and #56 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: $847
- Establishments: 711
- BLS QCEW, 2025
Housing Supply
- Single-family: 17
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 11,063 (avg $49,922)
- Outflow: 10,429 (avg $50,100)
- IRS Statistics of Income
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| Metric | Ottawa County | Oklahoma Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $123,300 | $152,012 | $227,706 |
| Median Gross Rent | $788 | $839 | $968 |
| Owner Occupancy Rate | 67.5% | 72.3% | 73.3% |
| Price/Rent Ratio | 13.0 | 14.9 | 18.7 |
Market Analysis
The median home value in Ottawa County is 18.9% below the Oklahoma state average and 45.9% below the U.S. national average. The median rent of $788/month is 6.1% below the state average.
With a price-to-rent ratio of 13.0, buying a home in Ottawa 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.
Ottawa County has an owner-occupancy rate of 67.5%, 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 |
|---|---|---|---|
| Linn County | Missouri | $123,300 | $620 |
| Spink County | South Dakota | $123,300 | $734 |
| Choctaw County | Alabama | $123,400 | $543 |
| Palo Alto County | Iowa | $123,200 | $638 |
| Elliott County | Kentucky | $123,500 | $432 |
Other Counties in Oklahoma
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Kay County | $124,700 | $842 | 69.2% |
| Okmulgee County | $121,200 | $834 | 70.1% |
| Choctaw County | $126,500 | $690 | 65.8% |
| Blaine County | $126,900 | $852 | 73.4% |
| Ellis County | $119,100 | $815 | 82.1% |
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).