Market Overview
Home Prices in Okeene, OK
The median home value in Okeene, OK is $123,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 13.7% compared to a year ago and down 7.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Okeene are priced70% below average.
Over the past five years, Okeene home values have risen by approximately26.8%, reflecting strong long-term appreciation in this market.
Price History
Okeene Home Price Trend
2020
$87,923
$88K
—
2021
$97,462
$97K
+10.8%
2022
$106,592
$107K
+9.4%
2023
$109,614
$110K
+2.8%
2024
$117,331
$117K
+7.0%
2025
$108,627
$109K
-7.4%
2026
$123,544
$124K
+13.7%
City Comparison
Okeene vs. National Median
🏠 Okeene
$123,544
National Median
$410,000
At $123,544, homes in Okeene cost 70% below the national median of $410,000. This makes Okeene a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Okeene?
20% Down Payment
$24,709
on $123,544
Monthly P&I
$644/mo
30-yr @ 6.8%
Total Monthly Est.
~$818/mo
incl. taxes & insurance
Income Needed
$32,720
gross annual (30% rule)
10% Down Option
$12,354
+ PMI applies
Loan Amount (20% dn)
$98,835
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 Okeene, OK?
The median home value in Okeene is $123,544 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 13.7% year-over-year.
How much have home prices changed in Okeene?
Over the past year, home values in Okeene have increased by 13.7%. Over five years, prices have risen approximately 26.8%.
How much do I need to earn to buy a home in Okeene?
To comfortably afford the median home price of $123,544 with a 20% down payment ($24,709) at today's rates (6.8%), you'd need a gross annual income of approximately $32,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Okeene compare to the national average home price?
The national median home value is approximately $410,000. At $123,544, homes in Okeene are 70% below the national average.