Enid housing market

Buyer's marketEnid, OK metro areaData through Sep 2026
Typical home value
$141K
▲ 2.8% 1 yr
Typical rent
$1,116/mo
▲ 2.1% 1 yr
12-month forecast
+1.8%
#316 of 546 metros
Gross rent yield
9.5%
#13 of 546 · U.S. 6.3%
Days to pending
63 days
▲ +19 days 1 yr
Listings with a price cut
30%
▲ +2.1 pts 1 yr

Key takeaways

  • 1The typical home is worth $140,582, up 2.8% in a year and up 20% over five years.
  • 2Zillow forecasts home values rising 1.8% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,116/mo (+2.1% YoY), a 9.5% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $773/mo in principal and interest, $343 less than renting.
  • 5Homes go under contract in 63 days (+19 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #371 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $141K
$106K$117K$128K$139K2016201920222025
Typical monthly rent
Latest $1,116
$958$1,009$1,059$1,11020222023202420252026

How fast homes are selling

Days to go under contract
Latest 63
29486685202120232025
Share of listings with a price cut
Latest 29.6%
13.9%18.8%23.7%28.6%20182020202220242026
Homes for sale vs new listings
Latest 296
For saleNew listings
7018830642420182020202220242026
Share of homes sold above list price
Latest 18.6%
14.2%21.1%28.0%35.0%202120232025

Affordability

Household income needed to buy vs rent
Latest $46K
To buy (20% down)To rent
$202K$987K$1.77M$2.56M201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Enid compares

MeasureEnidUnited StatesRank of 546
Home value, 1-yr change+2.8%+1.2%#225
Home value, 5-yr change+20.3%+19.7%
12-month forecast+1.8%+1.1%#316
Rent, 1-yr change+2.1%+2.7%#391
Gross rent yield9.5%6.3%#13
Price-to-rent ratio10.515.8
Mortgage P&I on typical home$773$2,012
Income needed to buy$45,652$100,902
Days to pending6356

Cities in the Enid metro

1 cities with home value and rent data.

Enid$136K▲ 2.7%$1,122▲ 2.1%9.9%

Run the numbers

Other Oklahoma metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.