Market Overview
Home Prices in Poteau, OK
The median home value in Poteau, OK is $188,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Poteau are priced54% below average.
Over the past five years, Poteau home values have risen by approximately32.8%, reflecting strong long-term appreciation in this market.
Price History
Poteau Home Price Trend
2020
$122,989
$123K
—
2021
$142,169
$142K
+15.6%
2022
$171,481
$171K
+20.6%
2023
$172,677
$173K
+0.7%
2024
$180,394
$180K
+4.5%
2025
$184,281
$184K
+2.2%
2026
$188,852
$189K
+2.5%
City Comparison
Poteau vs. National Median
🏠 Poteau
$188,852
National Median
$410,000
At $188,852, homes in Poteau cost 54% below the national median of $410,000. This makes Poteau a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Poteau?
20% Down Payment
$37,770
on $188,852
Monthly P&I
$985/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,251/mo
incl. taxes & insurance
Income Needed
$50,040
gross annual (30% rule)
10% Down Option
$18,885
+ PMI applies
Loan Amount (20% dn)
$151,082
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 Poteau, OK?
The median home value in Poteau is $188,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Poteau?
Over the past year, home values in Poteau have increased by 2.5%. Over five years, prices have risen approximately 32.8%.
How much do I need to earn to buy a home in Poteau?
To comfortably afford the median home price of $188,852 with a 20% down payment ($37,770) at today's rates (6.8%), you'd need a gross annual income of approximately $50,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Poteau compare to the national average home price?
The national median home value is approximately $410,000. At $188,852, homes in Poteau are 54% below the national average.