Wagoner County, Oklahoma Housing Market

In Wagoner County, Oklahoma, the median home value is $234,800, with a median monthly rent of $1,068. This places Wagoner County at #1035 nationally out of 3134 counties by median home value, and #6 within Oklahoma.

Median Home Value $234,800
Median Rent $1,068/mo
Owner Occupancy 81.3%
Price/Rent Ratio 18.3

📈 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 Wagoner County rose +2.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,775
jobs (private sector)
  • Avg weekly wage: $1,118
  • Establishments: 1,239
  • BLS QCEW, 2025
🏗️

Housing Supply

680
new units authorized (2025)
  • Single-family: 680
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2751
net migration (filers, 2021-2022)
  • Inflow: 32,425 (avg $75,685)
  • Outflow: 29,674 (avg $75,447)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Wagoner County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 74429 239.9 +4.07% 2025
2 74467 208.5 +4.70% 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 Wagoner County Compares

MetricWagoner CountyOklahoma AverageU.S. Average
Median Home Value $234,800 $152,012 $227,706
Median Gross Rent $1,068 $839 $968
Owner Occupancy Rate 81.3% 72.3% 73.3%
Price/Rent Ratio 18.3 14.9 18.7

Market Analysis

The median home value in Wagoner County is 54.5% above the Oklahoma state average and 3.1% above the U.S. national average. The median rent of $1,068/month is 27.3% above the state average.

With a price-to-rent ratio of 18.3, the buy-vs-rent decision in Wagoner County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Wagoner County has an owner-occupancy rate of 81.3%, 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
Musselshell County Montana $235,000 $1,138
Pasquotank County North Carolina $234,600 $1,170
Lexington County South Carolina $234,500 $1,178
Garrett County Maryland $235,300 $765
Giles County Tennessee $234,300 $862

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Cleveland County $235,700 $1,167 63.9%
Tulsa County $230,400 $1,110 59.7%
Rogers County $240,500 $1,047 77.8%
Canadian County $246,200 $1,289 74.8%
Payne County $223,300 $917 51.0%

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).