Market Overview
Home Prices in Carmen, OK
The median home value in Carmen, OK is $82,614 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 21.7% compared to a year ago and down 23.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carmen are priced80% below average.
Over the past five years, Carmen home values have fallen by approximately42.5%, reflecting softening conditions in this market.
Price History
Carmen Home Price Trend
2020
$120,561
$121K
—
2021
$143,714
$144K
+19.2%
2022
$151,612
$152K
+5.5%
2023
$128,604
$129K
-15.2%
2024
$137,724
$138K
+7.1%
2025
$105,481
$105K
-23.4%
2026
$82,614
$83K
-21.7%
City Comparison
Carmen vs. National Median
🏠 Carmen
$82,614
National Median
$410,000
At $82,614, homes in Carmen cost 80% below the national median of $410,000. This makes Carmen a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carmen?
20% Down Payment
$16,523
on $82,614
Monthly P&I
$431/mo
30-yr @ 6.8%
Total Monthly Est.
~$547/mo
incl. taxes & insurance
Income Needed
$21,880
gross annual (30% rule)
10% Down Option
$8,261
+ PMI applies
Loan Amount (20% dn)
$66,091
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 Carmen, OK?
The median home value in Carmen is $82,614 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 21.7% year-over-year.
How much have home prices changed in Carmen?
Over the past year, home values in Carmen have decreased by 21.7%. Over five years, prices have fallen approximately 42.5%.
How much do I need to earn to buy a home in Carmen?
To comfortably afford the median home price of $82,614 with a 20% down payment ($16,523) at today's rates (6.8%), you'd need a gross annual income of approximately $21,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Carmen compare to the national average home price?
The national median home value is approximately $410,000. At $82,614, homes in Carmen are 80% below the national average.