Market Overview
Home Prices in Chouteau, OK
The median home value in Chouteau, OK is $217,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chouteau are priced47% below average.
Over the past five years, Chouteau home values have risen by approximately31.6%, reflecting strong long-term appreciation in this market.
Price History
Chouteau Home Price Trend
2020
$139,275
$139K
—
2021
$165,582
$166K
+18.9%
2022
$196,235
$196K
+18.5%
2023
$196,464
$196K
+0.1%
2024
$204,808
$205K
+4.2%
2025
$209,531
$210K
+2.3%
2026
$217,920
$218K
+4.0%
City Comparison
Chouteau vs. National Median
🏠 Chouteau
$217,920
National Median
$410,000
At $217,920, homes in Chouteau cost 47% below the national median of $410,000. This makes Chouteau a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chouteau?
20% Down Payment
$43,584
on $217,920
Monthly P&I
$1,137/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,444/mo
incl. taxes & insurance
Income Needed
$57,760
gross annual (30% rule)
10% Down Option
$21,792
+ PMI applies
Loan Amount (20% dn)
$174,336
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 Chouteau, OK?
The median home value in Chouteau is $217,920 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Chouteau?
Over the past year, home values in Chouteau have increased by 4%. Over five years, prices have risen approximately 31.6%.
How much do I need to earn to buy a home in Chouteau?
To comfortably afford the median home price of $217,920 with a 20% down payment ($43,584) at today's rates (6.8%), you'd need a gross annual income of approximately $57,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Chouteau compare to the national average home price?
The national median home value is approximately $410,000. At $217,920, homes in Chouteau are 47% below the national average.