Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$179,084+1.0% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 15% have cut their price
Income needed to buy, per year$38,822About 0.6× the local median income ($60,179): affordable for a typical household
Days on market80 daysSlower than a year ago: buyers have time to negotiate
The typical home in Carter County, OK is worth $179,084, up 1.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $154,371, so the area is 16.0% overvalued. It is a balanced market: homes take about 80 days to sell, listings are down 5% from a year ago, 15% of listings have had a price cut. A household needs about $38,822 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,179. Typical rent is $1,115 a month. In the latest IRS figures, 317 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$179,084
Change in 1 year
+1.0%
Overvalued %
+16.0%
Show 6 more
Fair home value
$154,371
Change in 5 years
+27.6%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$971
Income needed to afford it
$38,822
Property tax rate
0.74%
Rent and investing
Typical rent
$1,115
Price-to-rent ratio
13.4×
HUD Fair Market Rent, 2 bedrooms
$1,040
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Gross rental yield
7.47%
Cap rate (estimate)
4.86%
Market activity
Listings vs a year ago
−4.8%
Days on market
80
Listings with a price cut
15.0%
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Homes for sale
238
Pending sales per 100 listings
24
Asking price per sq ft
$135
People and jobs
Median household income
$60,179
Population change (1 year)
−0.5%
Unemployment rate
3.8%
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Population
48,910
Income adjusted for cost of living
$71,984
Net moves in (IRS)
+317
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
74.9
Unhealthy air days a year
1
Show 4 more
Flood risk score
63.4
Wildfire risk score
88.4
Walkability (1 to 20)
7.4
Road, rail and air noise
53 dB
Questions people ask
Is Carter County, OK overvalued?
Home prices in Carter County, OK are well above what local incomes have historically supported: fair value is about $154,371, so the area is 16.0% overvalued.
Is Carter County, OK a buyer's or seller's market?
Carter County, OK is a balanced market: homes take about 80 days to sell, listings are down 5% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Carter County, OK?
Home values in Carter County, OK are up 1.0% over the last year.
How much do you need to earn to buy a home in Carter County, OK?
A household needs about $38,822 a year to afford the typical home in Carter County, OK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,179.