Market Overview
Home Prices in Colbert, OK
The median home value in Colbert, OK is $195,756 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and down 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Colbert are priced52% below average. Colbert is part of the Durant, OK metro area.
Over the past five years, Colbert home values have risen by approximately25.3%, reflecting strong long-term appreciation in this market.
Price History
Colbert Home Price Trend
City Comparison
Colbert vs. National Median
At $195,756, homes in Colbert cost 52% below the national median of $410,000. This makes Colbert a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Colbert?
20% Down Payment
$39,151
on $195,756
Monthly P&I
$1,021/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,297/mo
incl. taxes & insurance
Income Needed
$51,880
gross annual (30% rule)
10% Down Option
$19,576
+ PMI applies
Loan Amount (20% dn)
$156,605
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 Colbert, OK?
The median home value in Colbert is $195,756 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Colbert?
Over the past year, home values in Colbert have increased by 0.5%. Over five years, prices have risen approximately 25.3%.
How much do I need to earn to buy a home in Colbert?
To comfortably afford the median home price of $195,756 with a 20% down payment ($39,151) at today's rates (6.8%), you'd need a gross annual income of approximately $51,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Colbert compare to the national average home price?
The national median home value is approximately $410,000. At $195,756, homes in Colbert are 52% below the national average.
What metro area is Colbert part of?
Colbert is part of the Durant, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.