Market Overview
Home Prices in Oklahoma City, OK
The median home value in Oklahoma City, OK is $209,490 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oklahoma City are priced49% below average. Oklahoma City is part of the Oklahoma City, OK metro area.
Over the past five years, Oklahoma City home values have risen by approximately23.1%, reflecting strong long-term appreciation in this market.
Price History
Oklahoma City Home Price Trend
City Comparison
Oklahoma City vs. National Median
At $209,490, homes in Oklahoma City cost 49% below the national median of $410,000. This makes Oklahoma City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Oklahoma City?
20% Down Payment
$41,898
on $209,490
Monthly P&I
$1,093/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,388/mo
incl. taxes & insurance
Income Needed
$55,520
gross annual (30% rule)
10% Down Option
$20,949
+ PMI applies
Loan Amount (20% dn)
$167,592
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 Oklahoma City, OK?
The median home value in Oklahoma City is $209,490 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Oklahoma City?
Over the past year, home values in Oklahoma City have decreased by 0.3%. Over five years, prices have risen approximately 23.1%.
How much do I need to earn to buy a home in Oklahoma City?
To comfortably afford the median home price of $209,490 with a 20% down payment ($41,898) at today's rates (6.8%), you'd need a gross annual income of approximately $55,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Oklahoma City compare to the national average home price?
The national median home value is approximately $410,000. At $209,490, homes in Oklahoma City are 49% below the national average.
What metro area is Oklahoma City part of?
Oklahoma City is part of the Oklahoma City, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.