Market Overview
Home Prices in Eldorado, OK
The median home value in Eldorado, OK is $71,313 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.1% compared to a year ago and down 10.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Eldorado are priced83% below average. Eldorado is part of the Altus, OK metro area.
Over the past five years, Eldorado home values have fallen by approximately1.7%, reflecting softening conditions in this market.
Price History
Eldorado Home Price Trend
City Comparison
Eldorado vs. National Median
At $71,313, homes in Eldorado cost 83% below the national median of $410,000. This makes Eldorado a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Eldorado?
20% Down Payment
$14,263
on $71,313
Monthly P&I
$372/mo
30-yr @ 6.8%
Total Monthly Est.
~$472/mo
incl. taxes & insurance
Income Needed
$18,880
gross annual (30% rule)
10% Down Option
$7,131
+ PMI applies
Loan Amount (20% dn)
$57,050
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 Eldorado, OK?
The median home value in Eldorado is $71,313 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.1% year-over-year.
How much have home prices changed in Eldorado?
Over the past year, home values in Eldorado have decreased by 5.1%. Over five years, prices have fallen approximately 1.7%.
How much do I need to earn to buy a home in Eldorado?
To comfortably afford the median home price of $71,313 with a 20% down payment ($14,263) at today's rates (6.8%), you'd need a gross annual income of approximately $18,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Eldorado compare to the national average home price?
The national median home value is approximately $410,000. At $71,313, homes in Eldorado are 83% below the national average.
What metro area is Eldorado part of?
Eldorado is part of the Altus, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.