Stephens County, Oklahoma Housing Market

In Stephens County, Oklahoma, the median home value is $145,300, with a median monthly rent of $895. This places Stephens County at #2308 nationally out of 3134 counties by median home value, and #41 within Oklahoma.

Median Home Value $145,300
Median Rent $895/mo
Owner Occupancy 74.4%
Price/Rent Ratio 13.5

📈 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 Stephens County rose +10.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

12,602
jobs (private sector)
  • Avg weekly wage: $1,075
  • Establishments: 1,132
  • BLS QCEW, 2025
🏗️

Housing Supply

41
new units authorized (2025)
  • Single-family: 41
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1174
net migration (filers, 2021-2022)
  • Inflow: 15,631 (avg $65,913)
  • Outflow: 14,457 (avg $67,539)
  • IRS Statistics of Income

How Stephens County Compares

MetricStephens CountyOklahoma AverageU.S. Average
Median Home Value $145,300 $152,012 $227,706
Median Gross Rent $895 $839 $968
Owner Occupancy Rate 74.4% 72.3% 73.3%
Price/Rent Ratio 13.5 14.9 18.7

Market Analysis

The median home value in Stephens County is 4.4% below the Oklahoma state average and 36.2% below the U.S. national average. The median rent of $895/month is 6.7% above the state average.

With a price-to-rent ratio of 13.5, buying a home in Stephens 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.

Stephens County has an owner-occupancy rate of 74.4%, 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

CountyStateMedian Home ValueMedian Rent
Calhoun County Florida $145,300 $779
Franklin County New York $145,400 $843
Marshall County Iowa $145,500 $885
Tishomingo County Mississippi $145,100 $682
Butler County Missouri $145,100 $780

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
McCurtain County $144,500 $700 73.1%
McIntosh County $146,200 $780 76.6%
Noble County $146,400 $826 77.7%
Beckham County $143,500 $904 67.8%
Garvin County $147,800 $825 67.7%

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).