Market Overview
Home Prices in Cole, OK
The median home value in Cole, OK is $315,056 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cole are priced23% below average. Cole is part of the Oklahoma City, OK metro area.
Over the past five years, Cole home values have risen by approximately28.5%, reflecting strong long-term appreciation in this market.
Price History
Cole Home Price Trend
2020
$202,245
$202K
—
2021
$245,215
$245K
+21.2%
2022
$276,569
$277K
+12.8%
2023
$289,148
$289K
+4.5%
2024
$300,694
$301K
+4.0%
2025
$301,864
$302K
+0.4%
2026
$315,056
$315K
+4.4%
City Comparison
Cole vs. National Median
🏠 Cole
$315,056
National Median
$410,000
At $315,056, homes in Cole cost 23% below the national median of $410,000. This makes Cole a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cole?
20% Down Payment
$63,011
on $315,056
Monthly P&I
$1,643/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,087/mo
incl. taxes & insurance
Income Needed
$83,480
gross annual (30% rule)
10% Down Option
$31,506
+ PMI applies
Loan Amount (20% dn)
$252,045
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 Cole, OK?
The median home value in Cole is $315,056 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Cole?
Over the past year, home values in Cole have increased by 4.4%. Over five years, prices have risen approximately 28.5%.
How much do I need to earn to buy a home in Cole?
To comfortably afford the median home price of $315,056 with a 20% down payment ($63,011) at today's rates (6.8%), you'd need a gross annual income of approximately $83,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Cole compare to the national average home price?
The national median home value is approximately $410,000. At $315,056, homes in Cole are 23% below the national average.
What metro area is Cole part of?
Cole is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.