Market Overview
Home Prices in Rock Island, OK
The median home value in Rock Island, OK is $198,427 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rock Island are priced52% below average.
Over the past five years, Rock Island home values have risen by approximately33.2%, reflecting strong long-term appreciation in this market.
Price History
Rock Island Home Price Trend
2020
$117,897
$118K
—
2021
$149,025
$149K
+26.4%
2022
$186,427
$186K
+25.1%
2023
$179,302
$179K
-3.8%
2024
$184,986
$185K
+3.2%
2025
$183,331
$183K
-0.9%
2026
$198,427
$198K
+8.2%
City Comparison
Rock Island vs. National Median
🏠 Rock Island
$198,427
National Median
$410,000
At $198,427, homes in Rock Island cost 52% below the national median of $410,000. This makes Rock Island a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rock Island?
20% Down Payment
$39,685
on $198,427
Monthly P&I
$1,035/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,314/mo
incl. taxes & insurance
Income Needed
$52,560
gross annual (30% rule)
10% Down Option
$19,843
+ PMI applies
Loan Amount (20% dn)
$158,742
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 Rock Island, OK?
The median home value in Rock Island is $198,427 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Rock Island?
Over the past year, home values in Rock Island have increased by 8.2%. Over five years, prices have risen approximately 33.2%.
How much do I need to earn to buy a home in Rock Island?
To comfortably afford the median home price of $198,427 with a 20% down payment ($39,685) at today's rates (6.8%), you'd need a gross annual income of approximately $52,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Rock Island compare to the national average home price?
The national median home value is approximately $410,000. At $198,427, homes in Rock Island are 52% below the national average.