Market Overview
Home Prices in Frederick, OK
The median home value in Frederick, OK is $56,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.1% compared to a year ago and down 13.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Frederick are priced86% below average.
Over the past five years, Frederick home values have risen by approximately7.2%, reflecting steady appreciation in this market.
Price History
Frederick Home Price Trend
2020
$43,040
$43K
—
2021
$52,322
$52K
+21.6%
2022
$61,435
$61K
+17.4%
2023
$64,283
$64K
+4.6%
2024
$67,761
$68K
+5.4%
2025
$58,484
$58K
-13.7%
2026
$56,099
$56K
-4.1%
City Comparison
Frederick vs. National Median
🏠 Frederick
$56,099
National Median
$410,000
At $56,099, homes in Frederick cost 86% below the national median of $410,000. This makes Frederick a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Frederick?
20% Down Payment
$11,220
on $56,099
Monthly P&I
$293/mo
30-yr @ 6.8%
Total Monthly Est.
~$372/mo
incl. taxes & insurance
Income Needed
$14,880
gross annual (30% rule)
10% Down Option
$5,610
+ PMI applies
Loan Amount (20% dn)
$44,879
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 Frederick, OK?
The median home value in Frederick is $56,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.1% year-over-year.
How much have home prices changed in Frederick?
Over the past year, home values in Frederick have decreased by 4.1%. Over five years, prices have risen approximately 7.2%.
How much do I need to earn to buy a home in Frederick?
To comfortably afford the median home price of $56,099 with a 20% down payment ($11,220) at today's rates (6.8%), you'd need a gross annual income of approximately $14,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Frederick compare to the national average home price?
The national median home value is approximately $410,000. At $56,099, homes in Frederick are 86% below the national average.