HomeRule

Cost of homeownership in Oklahoma

State averages from Census ACS, energy costs from DOE EIA, and appreciation from FHFA. County-level detail is below.

Avg home value
$132,219
Avg property tax
$911
Homeownership rate
72.2%
1yr appreciation
3.0%

Home price trend

FHFA House Price Index, quarterly.

Most expensive counties

  1. 1.Logan County$221,300
  2. 2.McClain County$214,400
  3. 3.Canadian County$212,700
  4. 4.Rogers County$206,300
  5. 5.Cleveland County$203,900
  6. 6.Wagoner County$201,600
  7. 7.Tulsa County$196,300
  8. 8.Payne County$196,100
  9. 9.Oklahoma County$190,500
  10. 10.Kingfisher County$189,000

Most affordable counties

  1. 1.Grant County10.1%
  2. 2.Cimarron County10.3%
  3. 3.Alfalfa County10.7%
  4. 4.Harmon County10.7%
  5. 5.Ellis County12.2%
  6. 6.Washita County12.3%
  7. 7.Blaine County12.4%
  8. 8.Major County12.6%
  9. 9.Beaver County12.6%
  10. 10.Murray County12.7%
Avg electricity
13.1¢/kWh

DOE EIA residential average.

Avg annual energy cost
$1,417

Residential baseline.

Avg mortgage interest deduction
Pending

IRS SOI, state-level avg.

All counties in Oklahoma

Frequently asked questions

How much does it cost to own a home in Oklahoma?

Based on Census ACS, the state average home value in Oklahoma is $132,219, with median annual property tax around $911. Your actual cost depends on county and property.

What is the property tax in Oklahoma?

Property tax rates vary by county. Oklahoma's state average sits at roughly $911 per year on a median home. See county-level pages for local rates.

How fast are home prices appreciating in Oklahoma?

FHFA House Price Index data shows Oklahoma appreciating 3.0% over the last year and 42.9% over the last five years.

Is homeownership high in Oklahoma?

Oklahoma's homeownership rate is 72.2% (Census ACS). The share of owner-occupied units varies widely across counties.

Data sources

Disclaimer. HomeRule is not a real estate agent, lender, appraiser, or financial advisor. This content is for educational and informational purposes only. Actual costs vary significantly by property, location, and individual circumstances. Consult qualified professionals for personalized advice.