Market Overview
Home Prices in Hammon, OK
The median home value in Hammon, OK is $237,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hammon are priced42% below average. Hammon is part of the Weatherford, OK metro area.
Over the past five years, Hammon home values have risen by approximately10.8%, reflecting steady appreciation in this market.
Price History
Hammon Home Price Trend
2020
$204,102
$204K
—
2021
$214,109
$214K
+4.9%
2022
$231,958
$232K
+8.3%
2023
$220,608
$221K
-4.9%
2024
$217,370
$217K
-1.5%
2025
$229,349
$229K
+5.5%
2026
$237,311
$237K
+3.5%
City Comparison
Hammon vs. National Median
🏠 Hammon
$237,311
National Median
$410,000
At $237,311, homes in Hammon cost 42% below the national median of $410,000. This makes Hammon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hammon?
20% Down Payment
$47,462
on $237,311
Monthly P&I
$1,238/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,572/mo
incl. taxes & insurance
Income Needed
$62,880
gross annual (30% rule)
10% Down Option
$23,731
+ PMI applies
Loan Amount (20% dn)
$189,849
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 Hammon, OK?
The median home value in Hammon is $237,311 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Hammon?
Over the past year, home values in Hammon have increased by 3.5%. Over five years, prices have risen approximately 10.8%.
How much do I need to earn to buy a home in Hammon?
To comfortably afford the median home price of $237,311 with a 20% down payment ($47,462) at today's rates (6.8%), you'd need a gross annual income of approximately $62,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Hammon compare to the national average home price?
The national median home value is approximately $410,000. At $237,311, homes in Hammon are 42% below the national average.
What metro area is Hammon part of?
Hammon is part of the Weatherford, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.