Market Overview
Home Prices in Wakita, OK
The median home value in Wakita, OK is $71,670 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and down 11% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wakita are priced83% below average.
Over the past five years, Wakita home values have fallen by approximately11.9%, reflecting softening conditions in this market.
Price History
Wakita Home Price Trend
2020
$74,483
$74K
—
2021
$81,334
$81K
+9.2%
2022
$83,860
$84K
+3.1%
2023
$83,253
$83K
-0.7%
2024
$80,257
$80K
-3.6%
2025
$71,446
$71K
-11.0%
2026
$71,670
$72K
+0.3%
City Comparison
Wakita vs. National Median
🏠 Wakita
$71,670
National Median
$410,000
At $71,670, homes in Wakita cost 83% below the national median of $410,000. This makes Wakita a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wakita?
20% Down Payment
$14,334
on $71,670
Monthly P&I
$374/mo
30-yr @ 6.8%
Total Monthly Est.
~$475/mo
incl. taxes & insurance
Income Needed
$19,000
gross annual (30% rule)
10% Down Option
$7,167
+ PMI applies
Loan Amount (20% dn)
$57,336
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 Wakita, OK?
The median home value in Wakita is $71,670 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Wakita?
Over the past year, home values in Wakita have increased by 0.3%. Over five years, prices have fallen approximately 11.9%.
How much do I need to earn to buy a home in Wakita?
To comfortably afford the median home price of $71,670 with a 20% down payment ($14,334) at today's rates (6.8%), you'd need a gross annual income of approximately $19,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Wakita compare to the national average home price?
The national median home value is approximately $410,000. At $71,670, homes in Wakita are 83% below the national average.