Market Overview
Home Prices in Altus, OK
The median home value in Altus, OK is $108,958 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Altus are priced73% below average. Altus is part of the Altus, OK metro area.
Over the past five years, Altus home values have risen by approximately13.6%, reflecting steady appreciation in this market.
Price History
Altus Home Price Trend
2020
$80,196
$80K
—
2021
$95,901
$96K
+19.6%
2022
$107,959
$108K
+12.6%
2023
$106,637
$107K
-1.2%
2024
$117,622
$118K
+10.3%
2025
$111,864
$112K
-4.9%
2026
$108,958
$109K
-2.6%
City Comparison
Altus vs. National Median
🏠 Altus
$108,958
National Median
$410,000
At $108,958, homes in Altus cost 73% below the national median of $410,000. This makes Altus a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Altus?
20% Down Payment
$21,792
on $108,958
Monthly P&I
$568/mo
30-yr @ 6.8%
Total Monthly Est.
~$721/mo
incl. taxes & insurance
Income Needed
$28,840
gross annual (30% rule)
10% Down Option
$10,896
+ PMI applies
Loan Amount (20% dn)
$87,166
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Altus, OK?
The median home value in Altus is $108,958 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Altus?
Over the past year, home values in Altus have decreased by 2.6%. Over five years, prices have risen approximately 13.6%.
How much do I need to earn to buy a home in Altus?
To comfortably afford the median home price of $108,958 with a 20% down payment ($21,792) at today's rates (6.8%), you'd need a gross annual income of approximately $28,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Altus compare to the national average home price?
The national median home value is approximately $410,000. At $108,958, homes in Altus are 73% below the national average.
What metro area is Altus part of?
Altus is part of the Altus, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.