Market Overview
Home Prices in El Reno, OK
The median home value in El Reno, OK is $184,587 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in El Reno are priced55% below average. El Reno is part of the Oklahoma City, OK metro area.
Over the past five years, El Reno home values have risen by approximately30.7%, reflecting strong long-term appreciation in this market.
Price History
El Reno Home Price Trend
City Comparison
El Reno vs. National Median
At $184,587, homes in El Reno cost 55% below the national median of $410,000. This makes El Reno a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in El Reno?
20% Down Payment
$36,917
on $184,587
Monthly P&I
$963/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,223/mo
incl. taxes & insurance
Income Needed
$48,920
gross annual (30% rule)
10% Down Option
$18,459
+ PMI applies
Loan Amount (20% dn)
$147,670
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 El Reno, OK?
The median home value in El Reno is $184,587 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in El Reno?
Over the past year, home values in El Reno have increased by 2.5%. Over five years, prices have risen approximately 30.7%.
How much do I need to earn to buy a home in El Reno?
To comfortably afford the median home price of $184,587 with a 20% down payment ($36,917) at today's rates (6.8%), you'd need a gross annual income of approximately $48,920. This assumes keeping total housing costs at or below 30% of gross income.
How does El Reno compare to the national average home price?
The national median home value is approximately $410,000. At $184,587, homes in El Reno are 55% below the national average.
What metro area is El Reno part of?
El Reno is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.