Market Overview
Home Prices in Erick, OK
The median home value in Erick, OK is $93,729 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Erick are priced77% below average. Erick is part of the Elk City, OK metro area.
Over the past five years, Erick home values have risen by approximately32.4%, reflecting strong long-term appreciation in this market.
Price History
Erick Home Price Trend
2020
$72,866
$73K
—
2021
$70,785
$71K
-2.9%
2022
$77,844
$78K
+10.0%
2023
$77,483
$77K
-0.5%
2024
$88,694
$89K
+14.5%
2025
$89,696
$90K
+1.1%
2026
$93,729
$94K
+4.5%
City Comparison
Erick vs. National Median
🏠 Erick
$93,729
National Median
$410,000
At $93,729, homes in Erick cost 77% below the national median of $410,000. This makes Erick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Erick?
20% Down Payment
$18,746
on $93,729
Monthly P&I
$489/mo
30-yr @ 6.8%
Total Monthly Est.
~$621/mo
incl. taxes & insurance
Income Needed
$24,840
gross annual (30% rule)
10% Down Option
$9,373
+ PMI applies
Loan Amount (20% dn)
$74,983
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 Erick, OK?
The median home value in Erick is $93,729 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Erick?
Over the past year, home values in Erick have increased by 4.5%. Over five years, prices have risen approximately 32.4%.
How much do I need to earn to buy a home in Erick?
To comfortably afford the median home price of $93,729 with a 20% down payment ($18,746) at today's rates (6.8%), you'd need a gross annual income of approximately $24,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Erick compare to the national average home price?
The national median home value is approximately $410,000. At $93,729, homes in Erick are 77% below the national average.
What metro area is Erick part of?
Erick is part of the Elk City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.