Market Overview
Home Prices in Peggs, OK
The median home value in Peggs, OK is $229,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Peggs are priced44% below average. Peggs is part of the Tahlequah, OK metro area.
Over the past five years, Peggs home values have risen by approximately30.7%, reflecting strong long-term appreciation in this market.
Price History
Peggs Home Price Trend
2020
$133,924
$134K
—
2021
$175,750
$176K
+31.2%
2022
$217,286
$217K
+23.6%
2023
$215,023
$215K
-1.0%
2024
$221,230
$221K
+2.9%
2025
$220,793
$221K
-0.2%
2026
$229,620
$230K
+4.0%
City Comparison
Peggs vs. National Median
🏠 Peggs
$229,620
National Median
$410,000
At $229,620, homes in Peggs cost 44% below the national median of $410,000. This makes Peggs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Peggs?
20% Down Payment
$45,924
on $229,620
Monthly P&I
$1,198/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,521/mo
incl. taxes & insurance
Income Needed
$60,840
gross annual (30% rule)
10% Down Option
$22,962
+ PMI applies
Loan Amount (20% dn)
$183,696
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 Peggs, OK?
The median home value in Peggs is $229,620 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Peggs?
Over the past year, home values in Peggs have increased by 4%. Over five years, prices have risen approximately 30.7%.
How much do I need to earn to buy a home in Peggs?
To comfortably afford the median home price of $229,620 with a 20% down payment ($45,924) at today's rates (6.8%), you'd need a gross annual income of approximately $60,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Peggs compare to the national average home price?
The national median home value is approximately $410,000. At $229,620, homes in Peggs are 44% below the national average.
What metro area is Peggs part of?
Peggs is part of the Tahlequah, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.