Market Overview
Home Prices in Milburn, OK
The median home value in Milburn, OK is $178,868 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 18.1% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Milburn are priced56% below average.
Over the past five years, Milburn home values have risen by approximately57.0%, reflecting strong long-term appreciation in this market.
Price History
Milburn Home Price Trend
2020
$98,394
$98K
—
2021
$113,911
$114K
+15.8%
2022
$128,658
$129K
+12.9%
2023
$150,376
$150K
+16.9%
2024
$153,689
$154K
+2.2%
2025
$151,486
$151K
-1.4%
2026
$178,868
$179K
+18.1%
City Comparison
Milburn vs. National Median
🏠 Milburn
$178,868
National Median
$410,000
At $178,868, homes in Milburn cost 56% below the national median of $410,000. This makes Milburn a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Milburn?
20% Down Payment
$35,774
on $178,868
Monthly P&I
$933/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,185/mo
incl. taxes & insurance
Income Needed
$47,400
gross annual (30% rule)
10% Down Option
$17,887
+ PMI applies
Loan Amount (20% dn)
$143,094
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 Milburn, OK?
The median home value in Milburn is $178,868 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 18.1% year-over-year.
How much have home prices changed in Milburn?
Over the past year, home values in Milburn have increased by 18.1%. Over five years, prices have risen approximately 57.0%.
How much do I need to earn to buy a home in Milburn?
To comfortably afford the median home price of $178,868 with a 20% down payment ($35,774) at today's rates (6.8%), you'd need a gross annual income of approximately $47,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Milburn compare to the national average home price?
The national median home value is approximately $410,000. At $178,868, homes in Milburn are 56% below the national average.