Oklahoma

Home prices in Oklahoma and Oklahoma City: median value

Median owner-occupied home value: $222,100 in Oklahoma and $259,300 in Oklahoma City (Census ACS 2024). FHFA: state prices up 2.0% in a year.

Checked on against the official sources listed at the bottom of the page.

In short

The median value of owner-occupied homes is $222,100 in Oklahoma and $259,300 in the city of Oklahoma City, against $360,600 nationwide (Census ACS 2024). On the FHFA index, Oklahoma prices up 2.0% and Oklahoma City metro prices up 2.5% from Q2 2025 to Q2 2026.

What it costs: median value in 2024

AreaMedian value, 2024Margin of error (90%)
United States$360,600±$618
Oklahoma$222,100±$2,147
Oklahoma City metro area$253,200±$4,584
Oklahoma County$244,000±$5,228
City of Oklahoma City$259,300±$6,483

Source: Census ACS 2024, table B25077; owners’ own estimates, not sale prices.

Three points stand out:

  • The Oklahoma median is $138,500 below the national median.
  • The city of Oklahoma City sits $37,200 above the state median. Its median is also $6,100 above the metro median, but that gap is smaller than the city’s margin of error, so the two figures are statistically close.
  • The margin of error for the city (±$6,483) is wider than for the state, because the sample is smaller. The true city median is very likely between about $252,800 and $265,800.

How prices have moved: the FHFA index

FHFA says the next quarterly report, for the third quarter, is due November 24, 2026.

Area1-year change (Q2 2025 to Q2 2026)5-year change (Q2 2021 to Q2 2026)
United States+2.1%+33.4%
Oklahoma+2.0%+32.1%
Oklahoma City metro area+2.5%+28.4%

Source: FHFA HPI, purchase-only, Q2 2026 (release of August 25, 2026); changes by Payotte.

Oklahoma prices rose at almost the same pace as the nation over the past year. Over five years, the Oklahoma City metro area gained a little over a quarter, less than the state (+32.1%) and the nation (+33.4%).

A worked example

Take an Oklahoma City-area home worth $250,000 in the second quarter of 2021. Tracking the metro index exactly, it would have been worth about $321,000 in the second quarter of 2026 (+28.4%). Over the last year alone, a $300,000 home would have gained about $7,400 (+2.5%). A single home can move very differently from the index; the index describes the market as a whole.

Method and limits

  • Different measures. The ACS median is a level based on owners’ opinions. The FHFA index is a change based on repeat sales. Do not read one as the other.
  • Different geographies. The ACS figures are for the city, the county and the metro area. The FHFA figures are for the state and the metro area; FHFA does not publish a purchase-only index for the city alone in the files we used.
  • Single-family homes only. The FHFA index covers single-family properties with mortgages bought or guaranteed by Fannie Mae or Freddie Mac. Cash purchases and loans that neither company buys or guarantees are outside its data.

To see what a purchase costs on top of the price, read our guides to closing costs in Oklahoma and property tax in Oklahoma. Our page on buying a home in Oklahoma City puts the local figures together, and the first-time buyer programs in Oklahoma show which price limits apply to assisted loans. For the process itself, see the steps of buying a home.

Frequently asked questions

What is the median home value in Oklahoma?

The Census Bureau’s 2024 American Community Survey puts the median value of owner-occupied homes in Oklahoma at $222,100 (±$2,147). That is $138,500 below the U.S. median of $360,600. It is an owner estimate, not a median sale price.

What is the median home value in Oklahoma City?

The same survey gives $259,300 (±$6,483) for the city of Oklahoma City, $244,000 for Oklahoma County and $253,200 for the metro area.

Are home prices in Oklahoma rising?

According to FHFA’s purchase-only index, Oklahoma prices rose 2.0% over the year to Q2 2026, and 32.1% over five years.

Are Oklahoma City home prices going up or down?

FHFA’s index for the Oklahoma City metro area rose 2.5% over the past year and 28.4% over five years, against 2.1% and 33.4% for the United States.

When will the next Census figures come out?

The Census Bureau’s release schedule lists October 29, 2026 for the 2025 one-year ACS estimates. FHFA’s next quarterly report is scheduled for November 24, 2026.

How Oklahoma compares with the other States

With a median of $222,100, Oklahoma is 47th of 50, in the bottom ten, and sits 38% under the national $360,600.

The States closest in median value are Louisiana ($223,200) and Kentucky ($226,000). The range runs from $170,800 in West Virginia to $875,900 in Hawaii; Oklahoma is $117,400 below the middle of that ranking (Wyoming).

On the FHFA index, Oklahoma prices rose 2% over the year to the second quarter of 2026, which places the State 31st of 50 and level with the nation (+2.1%). Over five years the gain is +32.1% (37th of 50; nation +33.4%).

Oklahoma sits in the middle of the pack on at least one of the two measures: 47th for the level, 31st for the one-year change.

Over five years, Oklahoma's +32.1% annualises to +5.7% a year (nation +5.9%). The latest year (+2%) is 3.7 points under that average, a slower pace than the five-year average.

Oklahoma City, the main city, has a median of $259,300, 36th of the 49 main cities Payotte covers. That is 17% above the Oklahoma median, a premium that ranks 18th of 49.

The one-year FHFA change runs from -1.2% in New Mexico to +8.3% in Alaska. Oklahoma (+2%) is 6.3 points below the top and 3.2 above the bottom; Nebraska (+2%) and Georgia (+1.9%) are the nearest to it.

For scale, 20% of the Oklahoma median is $44,420, against $72,120 at the national median.

Compare with the other states: Median home price by state.

More Oklahoma guides

Sources

Oklahoma · All states · Federal guides