Open on the map

Lawton, OK housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$156,702+6.4% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$33,970About 0.5× the local median income ($61,928): affordable for a typical household
Days on market59 daysAbout the same pace as a year ago
Next 12 months+3.5%Zillow expects prices to rise slightly

The typical home in Lawton, OK is worth $156,702, up 6.4% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $163,384, so the area is 4.1% undervalued. It is a balanced market, leaning toward sellers: homes take about 59 days to sell, listings are up 12% from a year ago, 15% of listings have had a price cut. Zillow expects prices to rise about 3.5% over the next year. A household needs about $33,970 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 $61,928. Typical rent is $1,126 a month, or $1,231 for a house. In the latest IRS figures, 577 more people moved out than in.

Home value over time

$0K$50K$100K$150K19801990200020102020
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$156,702
Change in 1 year+6.4%
Overvalued %−4.1%
Show 7 more
Fair home value$163,384
Change in 5 years+28.2%
Zillow forecast, next 12 months+3.5%
Home value to income2.5×
Monthly mortgage payment (20% down)$849
Income needed to afford it$33,970
Property tax rate0.88%

Rent and investing

Typical rent$1,126
Typical rent for houses$1,231
Price-to-rent ratio11.6×
Show 3 more
HUD Fair Market Rent, 2 bedrooms$972
Gross rental yield8.62%
Cap rate (estimate)5.60%

Market activity

Listings vs a year ago+12.4%
Days on market59
Listings with a price cut14.8%
Show 3 more
Homes for sale471
Pending sales per 100 listings49
Asking price per sq ft$123

People and jobs

Median household income$61,928
Population change (1 year)+0.4%
Unemployment rate6.9%
Show 4 more
Population127,590
Income adjusted for cost of living$72,093
Net moves in (IRS)−577
Cost of living (US = 100)85.9

Schools, risk and environment

School rating (1 to 10)6.2
FEMA hazard risk score (0 to 100)82.7
Unhealthy air days a year4
Show 4 more
Flood risk score80.3
Wildfire risk score91.8
Walkability (1 to 20)7.1
Road, rail and air noise53 dB

Questions people ask

Is Lawton, OK overvalued?
Home prices in Lawton, OK are slightly below what local incomes have historically supported: fair value is about $163,384, so the area is 4.1% undervalued.
Is Lawton, OK a buyer's or seller's market?
Lawton, OK is a balanced market, leaning toward sellers: homes take about 59 days to sell, listings are up 12% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Lawton, OK?
Home values in Lawton, OK are up 6.4% over the last year. Zillow's forecast for the next 12 months is +3.5%.
How much do you need to earn to buy a home in Lawton, OK?
A household needs about $33,970 a year to afford the typical home in Lawton, OK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,928.

Counties in this metro

See every chart for Lawton, OK on the map