Washington County, Oklahoma Housing Market

In Washington County, Oklahoma, the median home value is $173,200, with a median monthly rent of $907. This places Washington County at #1735 nationally out of 3134 counties by median home value, and #19 within Oklahoma.

Median Home Value $173,200
Median Rent $907/mo
Owner Occupancy 71.9%
Price/Rent Ratio 15.9

📈 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 Washington County rose +3.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

16,841
jobs (private sector)
  • Avg weekly wage: $1,266
  • Establishments: 1,367
  • BLS QCEW, 2025
🏗️

Housing Supply

19
new units authorized (2025)
  • Single-family: 17
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1345
net migration (filers, 2021-2022)
  • Inflow: 19,981 (avg $78,259)
  • Outflow: 18,636 (avg $79,545)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 74029 269.3 -1.37% 2025
2 74006 245.0 +3.43% 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 Washington County Compares

MetricWashington CountyOklahoma AverageU.S. Average
Median Home Value $173,200 $152,012 $227,706
Median Gross Rent $907 $839 $968
Owner Occupancy Rate 71.9% 72.3% 73.3%
Price/Rent Ratio 15.9 14.9 18.7

Market Analysis

The median home value in Washington County is 13.9% above the Oklahoma state average and 23.9% below the U.S. national average. The median rent of $907/month is 8.1% above the state average.

With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Washington County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Washington County has an owner-occupancy rate of 71.9%, 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
Somerset County Maryland $173,200 $1,013
Darke County Ohio $173,200 $779
Overton County Tennessee $173,200 $832
Florence County Wisconsin $173,200 $750
O'Brien County Iowa $173,100 $868

Other Counties in Oklahoma

CountyMedian Home ValueMedian RentOwner Occ.
Bryan County $174,900 $960 63.8%
Delaware County $175,300 $913 77.1%
Love County $171,000 $939 73.0%
Pontotoc County $175,400 $889 66.0%
Woodward County $169,000 $838 73.2%

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).