Market Overview
Home Prices in Calumet, OK
The median home value in Calumet, OK is $160,660 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Calumet are priced61% below average. Calumet is part of the Oklahoma City, OK metro area.
Over the past five years, Calumet home values have risen by approximately31.3%, reflecting strong long-term appreciation in this market.
Price History
Calumet Home Price Trend
City Comparison
Calumet vs. National Median
At $160,660, homes in Calumet cost 61% below the national median of $410,000. This makes Calumet a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Calumet?
20% Down Payment
$32,132
on $160,660
Monthly P&I
$838/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,064/mo
incl. taxes & insurance
Income Needed
$42,560
gross annual (30% rule)
10% Down Option
$16,066
+ PMI applies
Loan Amount (20% dn)
$128,528
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 Calumet, OK?
The median home value in Calumet is $160,660 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Calumet?
Over the past year, home values in Calumet have increased by 2.7%. Over five years, prices have risen approximately 31.3%.
How much do I need to earn to buy a home in Calumet?
To comfortably afford the median home price of $160,660 with a 20% down payment ($32,132) at today's rates (6.8%), you'd need a gross annual income of approximately $42,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Calumet compare to the national average home price?
The national median home value is approximately $410,000. At $160,660, homes in Calumet are 61% below the national average.
What metro area is Calumet part of?
Calumet is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.