Market Overview
Home Prices in Harrah, OK
The median home value in Harrah, OK is $247,239 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Harrah are priced40% below average. Harrah is part of the Oklahoma City, OK metro area.
Over the past five years, Harrah home values have risen by approximately27.6%, reflecting strong long-term appreciation in this market.
Price History
Harrah Home Price Trend
City Comparison
Harrah vs. National Median
At $247,239, homes in Harrah cost 40% below the national median of $410,000. This makes Harrah a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Harrah?
20% Down Payment
$49,448
on $247,239
Monthly P&I
$1,289/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,637/mo
incl. taxes & insurance
Income Needed
$65,480
gross annual (30% rule)
10% Down Option
$24,724
+ PMI applies
Loan Amount (20% dn)
$197,791
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 Harrah, OK?
The median home value in Harrah is $247,239 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Harrah?
Over the past year, home values in Harrah have increased by 2%. Over five years, prices have risen approximately 27.6%.
How much do I need to earn to buy a home in Harrah?
To comfortably afford the median home price of $247,239 with a 20% down payment ($49,448) at today's rates (6.8%), you'd need a gross annual income of approximately $65,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Harrah compare to the national average home price?
The national median home value is approximately $410,000. At $247,239, homes in Harrah are 40% below the national average.
What metro area is Harrah part of?
Harrah is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.