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Home appreciation in Oklahoma
Oklahoma's FHFA HPI® all-transactions index changed +2.8% over the year to Q2 2026, versus +3.0% nationally, ranking 34th of 51 states and D.C. Below, compare its 17 3-digit ZIP regions and 5 metro areas.
- 1-year change
- +2.8%
- 5-year change
- +39.9%
- Since Q1 1995
- +238%
- State rank (1 year)
- 34th
U.S. +3.0%
34th of 51
U.S. +292%
of 51 states and D.C.
Oklahoma vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Oklahoma: 338.0
- United States: 391.6
Oklahoma appreciation by time window
| Window | OK | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +2.8% | +3.0% | −0.2 pts |
| 3 years | +11.6% | +12.9% | −1.3 pts |
| 5 years | +39.9% | +41.3% | −1.4 pts |
| 10 years | +77.0% | +93.3% | −16.3 pts |
| Since Q1 1995 | +238% | +292% | −53.6 pts |
3-digit ZIP regions in Oklahoma
Fastest-appreciating ZIP codes in Oklahoma →Sorted by one-year change. 4 of 17 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 735 · Lawton, OK area | +10.2% | +43.4% | +64.0% | +140% |
| 2 | 737 · Enid, OK area | +8.3% | +31.2% | +42.3% | Not available |
| 3 | 740 · Broken Arrow, OK area | +3.9% | +45.6% | +84.6% | +232% |
| 4 | 730 · Norman, OK area | +3.6% | +38.6% | +74.0% | +237% |
| 5 | 741 · Tulsa, OK area | +2.5% | +42.6% | +84.6% | +246% |
| 6 | 734 · Ardmore, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 7 | 736 · Elk City, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 8 | 738 · Woodward, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 9 | 739 · Guymon, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 10 | 743 · Miami, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 11 | 744 · Muskogee, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 12 | 745 · McAlester, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 13 | 746 · Ponca City, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 14 | 747 · Durant, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 15 | 748 · Shawnee, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 16 | 749 · Sallisaw, OK area | +1.5% | +38.9% | +72.0% | +225% |
| 17 | 731 · Oklahoma City, OK area | +0.8% | +33.5% | +72.5% | +255% |
Metro areas in Oklahoma
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Lawton, OK | +10.2% | +43.4% | +140% |
| Enid, OK | +8.3% | +31.2% | Not available |
| Tulsa, OK | +4.0% | +45.5% | +242% |
| Fort Smith, AR-OK | +3.2% | +47.7% | +212% |
| Oklahoma City, OK | +2.4% | +36.4% | +247% |
Boom, bust, and recovery in Oklahoma
Oklahoma's index peaked in Q1 2009, fell 3.6% to its low in Q3 2011, and regained its peak in Q2 2013, about 4.2 years after the top. Today it sits +93.4% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| OK | Q1 2009 | Q3 2011 | -3.6% | Q2 2013 (4.2 yrs) | +93.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Oklahoma's index has changed +52.6% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | OK after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -1.0% | -0.8% |
| 3 years | +9.8% | +1.6% | +2.8% |
| 5 years | +24.0% | +12.8% | +13.9% |
| 10 years | +39.1% | +27.3% | +39.0% |
| Since Q1 1995 | +121% | +52.6% | +76.8% |
If you bought in Oklahoma in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +232% | $995,379 |
| Q2 2000 | +175% | $824,136 |
| Q2 2005 | +120% | $660,504 |
| Q2 2010 | +97.4% | $592,196 |
| Q2 2015 | +81.7% | $545,187 |
| Q2 2020 | +54.3% | $462,882 |
| Q2 2021 | +39.9% | $419,811 |
| Q2 2023 | +11.6% | $334,759 |
| Q2 2025 | +2.8% | $308,374 |
Frequently asked questions
- How much have home prices gone up in Oklahoma?
- FHFA HPI® data for Oklahoma shows the all-transactions index changed +2.8% over the year to Q2 2026, +39.9% over five years, +77.0% over ten years, and +238% since Q1 1995.
- Is Oklahoma appreciating faster than the national average?
- Over the past year Oklahoma's index moved −0.2 pts versus the U.S. (+3.0%), ranking 34th of 51 states and D.C. Over five years the gap is −1.4 pts.
- Which ZIP codes in Oklahoma are appreciating fastest?
- Over the past year the strongest of 17 3-digit ZIP regions in Oklahoma was ZIP3 735 (Lawton, OK area) at +10.2%, and the weakest was ZIP3 731 (Oklahoma City, OK area) at +0.8%. 4 of 17 beat the national one-year change.