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Home values

Oklahoma

House prices in Oklahoma moved +2.58% over the last year, ranking 38th of 51 states. Over five years the annualised rate is +7.66%, 35th of 51. The price level here is far below the typical US state.

1 year
+2.58%
5 year, annualised
+7.66%
10 year, annualised
+5.85%
30 year, annualised
+3.92%

Index history

Index level, not dollars · to 2026Q1
98260423200020052010201520202025

This is an index, not a price. It measures how much prices in Oklahoma have changed relative to the index base period, so the level is only meaningful compared with other periods or other states on the same base.Federal Housing Finance Agency, All-Transactions House Price Index. Source

Property tax
0.89%effective rate, about $3,560 a year on a $400,000 home

Statewide median from the Census Bureau's American Community Survey. Local rates vary enormously inside a state, and the spread between two counties in Oklahoma will often exceed the spread between Oklahoma and its neighbours. Use this to compare states, not to budget.

5 metro areas in Oklahoma

Fastest: Lawton at +11.09%
Metro1 year5 year10 year
Enid, OK+5.65%+5.79%+3.98%
Fort Smith, AR-OK-1.9%+8.6%+6.37%
Lawton, OK+11.09%+7.83%+5.52%
Oklahoma City, OK+2.64%+7.24%+5.71%
Tulsa, OK+1.6%+8.13%+6.32%

What is your Oklahoma home worth?

State averages tell you about the market, not about your house. Give us what you paid and when, and we will apply your own metro's index over exactly that period.

Value my home

Oklahoma home values: common questions

Are home prices rising or falling in Oklahoma?

Home prices in Oklahoma changed +2.58% over the last year, ranking 38th of 51 states. Over five years the annualised rate is +7.66%, over ten +5.85%, and over thirty +3.92%. Figures come from the Federal Housing Finance Agency all-transactions house price index, data to 2026Q1.

Why does this page not show an average home price for Oklahoma?

Because the FHFA publishes an index, not prices. An index measures how much prices have changed relative to a base period, so it supports statements about percentage change but cannot be converted into a dollar figure for the state. Quoting an index value as a price is the most common error made with this data.

What is the property tax rate in Oklahoma?

The statewide effective property tax rate in Oklahoma is about 0.89% of market value a year, which is roughly $3,560 on a $400,000 home. This is a statewide median from the Census Bureau American Community Survey. Local rates vary enormously within a state, and the spread between two counties in Oklahoma will often exceed the spread between states, so use this to compare states rather than to budget.

How do I find out what my own Oklahoma home is worth?

A state index describes the whole state, not your house. If you know what you paid and the year, our free tool applies the repeat-sales index for your own metropolitan area over exactly that period, which is the method the index was designed for. It is an estimate with a stated range, not an appraisal, and no lender will accept it.