Market Overview
Home Prices in Shawnee, OK
The median home value in Shawnee, OK is $180,585 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shawnee are priced56% below average. Shawnee is part of the Shawnee, OK metro area.
Over the past five years, Shawnee home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
Shawnee Home Price Trend
City Comparison
Shawnee vs. National Median
At $180,585, homes in Shawnee cost 56% below the national median of $410,000. This makes Shawnee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Shawnee?
20% Down Payment
$36,117
on $180,585
Monthly P&I
$942/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,196/mo
incl. taxes & insurance
Income Needed
$47,840
gross annual (30% rule)
10% Down Option
$18,059
+ PMI applies
Loan Amount (20% dn)
$144,468
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 Shawnee, OK?
The median home value in Shawnee is $180,585 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Shawnee?
Over the past year, home values in Shawnee have increased by 2.6%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in Shawnee?
To comfortably afford the median home price of $180,585 with a 20% down payment ($36,117) at today's rates (6.8%), you'd need a gross annual income of approximately $47,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Shawnee compare to the national average home price?
The national median home value is approximately $410,000. At $180,585, homes in Shawnee are 56% below the national average.
What metro area is Shawnee part of?
Shawnee is part of the Shawnee, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.