Market Overview
Home Prices in Midwest City, OK
The median home value in Midwest City, OK is $171,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Midwest City are priced58% below average. Midwest City is part of the Oklahoma City, OK metro area.
Over the past five years, Midwest City home values have risen by approximately24.7%, reflecting strong long-term appreciation in this market.
Price History
Midwest City Home Price Trend
City Comparison
Midwest City vs. National Median
At $171,855, homes in Midwest City cost 58% below the national median of $410,000. This makes Midwest City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Midwest City?
20% Down Payment
$34,371
on $171,855
Monthly P&I
$896/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,138/mo
incl. taxes & insurance
Income Needed
$45,520
gross annual (30% rule)
10% Down Option
$17,186
+ PMI applies
Loan Amount (20% dn)
$137,484
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 Midwest City, OK?
The median home value in Midwest City is $171,855 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Midwest City?
Over the past year, home values in Midwest City have increased by 0.3%. Over five years, prices have risen approximately 24.7%.
How much do I need to earn to buy a home in Midwest City?
To comfortably afford the median home price of $171,855 with a 20% down payment ($34,371) at today's rates (6.8%), you'd need a gross annual income of approximately $45,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Midwest City compare to the national average home price?
The national median home value is approximately $410,000. At $171,855, homes in Midwest City are 58% below the national average.
What metro area is Midwest City part of?
Midwest City is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.