Market Overview
Home Prices in Olustee, OK
The median home value in Olustee, OK is $102,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Olustee are priced75% below average. Olustee is part of the Altus, OK metro area.
Over the past five years, Olustee home values have risen by approximately17.9%, reflecting steady appreciation in this market.
Price History
Olustee Home Price Trend
2020
$71,248
$71K
—
2021
$86,614
$87K
+21.6%
2022
$100,386
$100K
+15.9%
2023
$101,392
$101K
+1.0%
2024
$112,311
$112K
+10.8%
2025
$104,885
$105K
-6.6%
2026
$102,129
$102K
-2.6%
City Comparison
Olustee vs. National Median
🏠 Olustee
$102,129
National Median
$410,000
At $102,129, homes in Olustee cost 75% below the national median of $410,000. This makes Olustee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Olustee?
20% Down Payment
$20,426
on $102,129
Monthly P&I
$533/mo
30-yr @ 6.8%
Total Monthly Est.
~$677/mo
incl. taxes & insurance
Income Needed
$27,080
gross annual (30% rule)
10% Down Option
$10,213
+ PMI applies
Loan Amount (20% dn)
$81,703
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 Olustee, OK?
The median home value in Olustee is $102,129 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Olustee?
Over the past year, home values in Olustee have decreased by 2.6%. Over five years, prices have risen approximately 17.9%.
How much do I need to earn to buy a home in Olustee?
To comfortably afford the median home price of $102,129 with a 20% down payment ($20,426) at today's rates (6.8%), you'd need a gross annual income of approximately $27,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Olustee compare to the national average home price?
The national median home value is approximately $410,000. At $102,129, homes in Olustee are 75% below the national average.
What metro area is Olustee part of?
Olustee is part of the Altus, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.