Buying a home in Oklahoma

Property taxes, transfer taxes, home values and first-time buyer help in Oklahoma.

Effective property tax rate

0.8%

Median tax $1,599 ÷ median value $199,800 (ACS 2020–2024)

Typical home value

$223,261

Zillow ZHVI, 2026-08

State transfer tax

0.15%

Usually paid by: negotiable. 68 O.S. § 3201 (documentary stamp); OAC 710:30 (payment obligation); 28 O.S. § 32 (recording fee). Official source. Local taxes may add more.

Estimated buyer closing costs Estimate

$2,300–$4,400

On a $223,261 home: typical lender fees + title insurance + deed recording (TallyClose) + the buyer’s share of transfer/recording taxes. Excludes prepaids, escrow and local taxes.

At Oklahoma's effective rate of 0.8%, a typical $223,261 home would owe about $1,786/year ($149/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

Oklahoma Housing Finance Agency

Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Oklahoma Housing Finance Agency →

Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-10-15.