Market Overview
Home Prices in Goodwell, OK
The median home value in Goodwell, OK is $184,438 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Goodwell are priced55% below average. Goodwell is part of the Guymon, OK metro area.
Over the past five years, Goodwell home values have risen by approximately13.5%, reflecting steady appreciation in this market.
Price History
Goodwell Home Price Trend
City Comparison
Goodwell vs. National Median
At $184,438, homes in Goodwell cost 55% below the national median of $410,000. This makes Goodwell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Goodwell?
20% Down Payment
$36,888
on $184,438
Monthly P&I
$962/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,222/mo
incl. taxes & insurance
Income Needed
$48,880
gross annual (30% rule)
10% Down Option
$18,444
+ PMI applies
Loan Amount (20% dn)
$147,550
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 Goodwell, OK?
The median home value in Goodwell is $184,438 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Goodwell?
Over the past year, home values in Goodwell have increased by 8.2%. Over five years, prices have risen approximately 13.5%.
How much do I need to earn to buy a home in Goodwell?
To comfortably afford the median home price of $184,438 with a 20% down payment ($36,888) at today's rates (6.8%), you'd need a gross annual income of approximately $48,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Goodwell compare to the national average home price?
The national median home value is approximately $410,000. At $184,438, homes in Goodwell are 55% below the national average.
What metro area is Goodwell part of?
Goodwell is part of the Guymon, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.