Market Overview
Home Prices in Temple, OK
The median home value in Temple, OK is $51,987 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 17.6% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Temple are priced87% below average. Temple is part of the Lawton, OK metro area.
Over the past five years, Temple home values have fallen by approximately8.0%, reflecting softening conditions in this market.
Price History
Temple Home Price Trend
2020
$51,672
$52K
—
2021
$56,510
$57K
+9.4%
2022
$59,057
$59K
+4.5%
2023
$57,668
$58K
-2.4%
2024
$63,827
$64K
+10.7%
2025
$63,116
$63K
-1.1%
2026
$51,987
$52K
-17.6%
City Comparison
Temple vs. National Median
🏠 Temple
$51,987
National Median
$410,000
At $51,987, homes in Temple cost 87% below the national median of $410,000. This makes Temple a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Temple?
20% Down Payment
$10,397
on $51,987
Monthly P&I
$271/mo
30-yr @ 6.8%
Total Monthly Est.
~$344/mo
incl. taxes & insurance
Income Needed
$13,760
gross annual (30% rule)
10% Down Option
$5,199
+ PMI applies
Loan Amount (20% dn)
$41,590
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 Temple, OK?
The median home value in Temple is $51,987 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 17.6% year-over-year.
How much have home prices changed in Temple?
Over the past year, home values in Temple have decreased by 17.6%. Over five years, prices have fallen approximately 8.0%.
How much do I need to earn to buy a home in Temple?
To comfortably afford the median home price of $51,987 with a 20% down payment ($10,397) at today's rates (6.8%), you'd need a gross annual income of approximately $13,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Temple compare to the national average home price?
The national median home value is approximately $410,000. At $51,987, homes in Temple are 87% below the national average.
What metro area is Temple part of?
Temple is part of the Lawton, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.