Market Overview
Home Prices in Choctaw, OK
The median home value in Choctaw, OK is $310,134 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Choctaw are priced24% below average. Choctaw is part of the Oklahoma City, OK metro area.
Over the past five years, Choctaw home values have risen by approximately24.5%, reflecting strong long-term appreciation in this market.
Price History
Choctaw Home Price Trend
City Comparison
Choctaw vs. National Median
At $310,134, homes in Choctaw cost 24% below the national median of $410,000. This makes Choctaw a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Choctaw?
20% Down Payment
$62,027
on $310,134
Monthly P&I
$1,617/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,054/mo
incl. taxes & insurance
Income Needed
$82,160
gross annual (30% rule)
10% Down Option
$31,013
+ PMI applies
Loan Amount (20% dn)
$248,107
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 Choctaw, OK?
The median home value in Choctaw is $310,134 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Choctaw?
Over the past year, home values in Choctaw have increased by 0.9%. Over five years, prices have risen approximately 24.5%.
How much do I need to earn to buy a home in Choctaw?
To comfortably afford the median home price of $310,134 with a 20% down payment ($62,027) at today's rates (6.8%), you'd need a gross annual income of approximately $82,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Choctaw compare to the national average home price?
The national median home value is approximately $410,000. At $310,134, homes in Choctaw are 24% below the national average.
What metro area is Choctaw part of?
Choctaw is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.