Lawton housing market

Neutral marketLawton, OK metro areaData through Sep 2026
Typical home value
$157K
▲ 6.4% 1 yr
Typical rent
$1,126/mo
▲ 4.9% 1 yr
12-month forecast
+3.5%
#87 of 546 metros
Gross rent yield
8.6%
#26 of 546 · U.S. 6.3%
Days to pending
59 days
▲ +13 days 1 yr
Listings with a price cut
22%
▲ +2.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $156,702, up 6.4% in a year and up 28% over five years.
  • 2Zillow forecasts home values rising 3.5% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,126/mo (+4.9% YoY), a 8.6% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $861/mo in principal and interest, $265 less than renting.
  • 5Homes go under contract in 59 days (+13 days vs last year); 22% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 52/100, #113 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $157K
$104K$120K$137K$153K2016201920222025
Typical monthly rent
Latest $1,126
$708$838$967$1,0972016201920222025

How fast homes are selling

Days to go under contract
Latest 59
2638506220222023202420252026
Share of listings with a price cut
Latest 22.4%
7.6%12.5%17.3%22.2%20182020202220242026
Homes for sale vs new listings
Latest 615
For saleNew listings
16441967492920182020202220242026
Share of homes sold above list price
Latest 26.3%
20.1%27.3%34.5%41.8%20222023202420252026

Affordability

Household income needed to buy vs rent
Latest $50K
To buy (20% down)To rent
$27K$34K$41K$48K201620182020202220242026

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

How Lawton compares

MeasureLawtonUnited StatesRank of 546
Home value, 1-yr change+6.4%+1.2%#27
Home value, 5-yr change+28.2%+19.7%
12-month forecast+3.5%+1.1%#87
Rent, 1-yr change+4.9%+2.7%#118
Gross rent yield8.6%6.3%#26
Price-to-rent ratio11.615.8
Mortgage P&I on typical home$861$2,012
Income needed to buy$49,750$100,902
Days to pending5956

Cities in the Lawton metro

1 cities with home value and rent data.

Lawton$145K▲ 6.8%$1,101▲ 4.9%9.1%

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.