Market Overview
Home Prices in Forgan, OK
The median home value in Forgan, OK is $73,160 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and down 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forgan are priced82% below average.
Over the past five years, Forgan home values have fallen by approximately5.8%, reflecting softening conditions in this market.
Price History
Forgan Home Price Trend
2020
$68,110
$68K
—
2021
$77,667
$78K
+14.0%
2022
$85,113
$85K
+9.6%
2023
$84,539
$85K
-0.7%
2024
$77,934
$78K
-7.8%
2025
$73,935
$74K
-5.1%
2026
$73,160
$73K
-1.0%
City Comparison
Forgan vs. National Median
🏠 Forgan
$73,160
National Median
$410,000
At $73,160, homes in Forgan cost 82% below the national median of $410,000. This makes Forgan a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forgan?
20% Down Payment
$14,632
on $73,160
Monthly P&I
$382/mo
30-yr @ 6.8%
Total Monthly Est.
~$485/mo
incl. taxes & insurance
Income Needed
$19,400
gross annual (30% rule)
10% Down Option
$7,316
+ PMI applies
Loan Amount (20% dn)
$58,528
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 Forgan, OK?
The median home value in Forgan is $73,160 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Forgan?
Over the past year, home values in Forgan have decreased by 1%. Over five years, prices have fallen approximately 5.8%.
How much do I need to earn to buy a home in Forgan?
To comfortably afford the median home price of $73,160 with a 20% down payment ($14,632) at today's rates (6.8%), you'd need a gross annual income of approximately $19,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Forgan compare to the national average home price?
The national median home value is approximately $410,000. At $73,160, homes in Forgan are 82% below the national average.