Market Overview
Home Prices in Canadian, OK
The median home value in Canadian, OK is $159,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Canadian are priced61% below average. Canadian is part of the McAlester, OK metro area.
Over the past five years, Canadian home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Canadian Home Price Trend
City Comparison
Canadian vs. National Median
At $159,907, homes in Canadian cost 61% below the national median of $410,000. This makes Canadian a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Canadian?
20% Down Payment
$31,981
on $159,907
Monthly P&I
$834/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,059/mo
incl. taxes & insurance
Income Needed
$42,360
gross annual (30% rule)
10% Down Option
$15,991
+ PMI applies
Loan Amount (20% dn)
$127,926
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 Canadian, OK?
The median home value in Canadian is $159,907 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Canadian?
Over the past year, home values in Canadian have increased by 5.4%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Canadian?
To comfortably afford the median home price of $159,907 with a 20% down payment ($31,981) at today's rates (6.8%), you'd need a gross annual income of approximately $42,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Canadian compare to the national average home price?
The national median home value is approximately $410,000. At $159,907, homes in Canadian are 61% below the national average.
What metro area is Canadian part of?
Canadian is part of the McAlester, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.