Market Overview
Home Prices in Kremlin, OK
The median home value in Kremlin, OK is $161,722 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kremlin are priced61% below average. Kremlin is part of the Enid, OK metro area.
Over the past five years, Kremlin home values have risen by approximately12.5%, reflecting steady appreciation in this market.
Price History
Kremlin Home Price Trend
2020
$125,300
$125K
—
2021
$143,754
$144K
+14.7%
2022
$149,918
$150K
+4.3%
2023
$159,240
$159K
+6.2%
2024
$158,209
$158K
-0.6%
2025
$156,347
$156K
-1.2%
2026
$161,722
$162K
+3.4%
City Comparison
Kremlin vs. National Median
🏠 Kremlin
$161,722
National Median
$410,000
At $161,722, homes in Kremlin cost 61% below the national median of $410,000. This makes Kremlin a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kremlin?
20% Down Payment
$32,344
on $161,722
Monthly P&I
$843/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,071/mo
incl. taxes & insurance
Income Needed
$42,840
gross annual (30% rule)
10% Down Option
$16,172
+ PMI applies
Loan Amount (20% dn)
$129,378
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 Kremlin, OK?
The median home value in Kremlin is $161,722 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Kremlin?
Over the past year, home values in Kremlin have increased by 3.4%. Over five years, prices have risen approximately 12.5%.
How much do I need to earn to buy a home in Kremlin?
To comfortably afford the median home price of $161,722 with a 20% down payment ($32,344) at today's rates (6.8%), you'd need a gross annual income of approximately $42,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Kremlin compare to the national average home price?
The national median home value is approximately $410,000. At $161,722, homes in Kremlin are 61% below the national average.
What metro area is Kremlin part of?
Kremlin is part of the Enid, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.