Markets  ›  OK  ›  Lawton

Lawton, OK housing market

Lawton, OK metro median sale price $195K in Jul–Sep 2026, up 4.1% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in the Lawton, OK metro is $195K over Jul–Sep 2026, up 4.1% from the same 3 months a year earlier. The gain is larger than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 10.2% through Q2 2026, 6.1 points apart; Price reconciliation below shows both.

Lawton has the lowest median sale price of the four Oklahoma metros Pecan Street tracks ($195K); Enid ($202K) is next. On median days on market, Lawton (59 days) ranks 3rd of the four Oklahoma metros, between Tulsa (60 days) and Oklahoma City (57 days). Lawton has the lowest share of listings with a price cut of the four Oklahoma metros (25%); Enid (37%) is next.

Listings spent a median 59 days on market in Sep 2026. 25% of active listings carry a price cut; the 3-month average vs a year earlier is 1.5 points lower. That share is the 27th-lowest of the 385 metros. Median asking prices sit about 7% above the median sale price. Building permits authorized 11 new housing units in Sep 2026.

At the 7.12% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,048 a month; at 28% of gross income, that takes about $45K a year. The median sale price equals about 12 years of HUD Fair Market Rent, a ratio up 8.3% from a year earlier. That ratio is the 28th-lowest of the 373 metros. Active listings ask a median $126 per square foot; the 3-month average vs a year earlier is up 5.3%.

Median list prices are higher than a year earlier in all four ZIP codes in the table below.

Headline

Median sale price

Jul–Sep 2026

$195K

+4.1% year-over-year

How it’s calculated

Average of the last three monthly median sale prices vs. the same three months a year earlier.

Mortgage rate

Nov 4, 2026

7.12%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$1,048/mo

$45K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Lawton compares to other U.S. metros

Price cuts↓359th of 385
Price-to-rent↓346th of 373
Home-price growth↑125th of 383 (top 33%)
Asking-vs-sale gap136th of 291 (top 47%)
Days on market186th of 385 (top 49%)

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 12 +8.3% YoY
↓346th of 373
Asking price / sq ft$126 +5.3% 3-month average vs a year earlier

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 25% -1.5 pts 3-month average vs a year earlier
↓359th of 385
New housing units permitted11

The median asking price $208K runs about 7% above the median sale price $195K.

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, Sep 2026); sale is the headline median of recent closings (Redfin, Jul–Sep 2026) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data4 shown of 16
MLS board of record—
Price methodologyRedfin vs FHFA HPI
Sale-price windowJul–Sep 2026

Recent signals

No signals flagged for this market right now.

Recent notable readings

Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.

Housing Economy

Lawton · ConstructionCOPIED

Lawton builders pulled 12.4% more single-family permits than a year earlier

Single-family building permits in the Lawton metro area, by month, one line per year, units

AprJulOct4812162020252026
AprJulOct4812162020252026
2024
Chart data
Month202420252026
Dec96—
Nov910—
Oct119—
Sep1159
Aug81214
Jul799
Jun101013
May51414
Apr131212
Mar13718
Feb8917
Jan6145

Source: U.S. Census Bureau, Building Permits Survey · data through September 2026

Builders in the Lawton metro area pulled 136 single-family permits in the twelve months through September 2026, 12.4% more than in the twelve months before. So far in 2026, permits are running 20.7% above the same months of 2025.

Why it matters. Permits come before starts, and starts come before new homes for sale, so this is the earliest read on how much new building is planned in the Lawton area. When the permit pipeline shrinks, buyers see fewer new-build options later; when it grows, sellers of existing homes face more competition from builders.

Lawton · Home pricesCOPIED

Lawton home prices are 10.2% higher than a year ago

Home prices in the Lawton metro area, change from a year earlier, FHFA all-transactions index, quarterly, percent; shaded bars mark recessions

200020102020-9%0%9%18%27%Lawton
200020102020-9%0%9%18%27%Lawton
No changeRecession
Chart data
DateLawton
Jun 202610.2%
Mar 202612.6%
Dec 20251.4%
Sep 20253.7%
Jun 20257.6%
Mar 20252.6%
Dec 2024-0.9%
Sep 202414.9%
Jun 2024-1.5%
Mar 20248.7%
Dec 202311.1%
Sep 2023-4.8%
Jun 20235.6%
Mar 20235.6%
Dec 20228.8%
Sep 202213.7%
Jun 202216.1%
Mar 202210.5%
Dec 202110.9%
Sep 202112.3%
Jun 20215.3%
Mar 20216.6%
Dec 20207.2%
Sep 2020-0.6%
Jun 20208.2%
Mar 20205.6%
Dec 20190.8%
Sep 20194.6%
Jun 2019-1.1%
Mar 2019-3%
Dec 2018-4.3%
Sep 20184%
Jun 20180.2%
Mar 2018-0.1%
Dec 20173%
Sep 2017-3.9%
Jun 20171.2%
Mar 20177.5%
Dec 20161%
Sep 20164.8%
Jun 2016-8.6%
Mar 2016-6.2%
Dec 2015-3.5%
Sep 2015-7.2%
Jun 20157.2%
Mar 20154.4%
Dec 20142.2%
Sep 2014-0.2%
Jun 2014-1.1%
Mar 2014-6.8%
Dec 2013-1.6%
Sep 2013-0%
Jun 2013-0.6%
Mar 2013-0%
Dec 2012-1.8%
Sep 20121%
Jun 2012-1.9%
Mar 2012-3.8%
Dec 2011-1.7%
Sep 2011-2.7%
Jun 2011-3%
Mar 20114.7%
Dec 2010-0.1%
Sep 20101.5%
Jun 20103.2%
Mar 2010-1.9%
Dec 20092.5%
Sep 20090.9%
Jun 2009-1.7%
Mar 20091.2%
Dec 20080.1%
Sep 2008-0.6%
Jun 20082.2%
Mar 20082.2%
Dec 20070%
Sep 20074.8%
Jun 20071.4%
Mar 20074.2%
Dec 200610.3%
Sep 20065.2%
Jun 200611.5%
Mar 200610.7%
Dec 20057%
Sep 200512%
Jun 20059.7%
Mar 20056%
Dec 20049.4%
Sep 20045.7%
Jun 20045%
Mar 20047.1%
Dec 20033.4%
Sep 20032.3%
Jun 20035.8%
Mar 20032.3%
Dec 20023.6%
Sep 20026.1%
Jun 20021.5%
Mar 20022.6%
Dec 20012.6%
Sep 20012.4%
Jun 20011.6%
Mar 20013.2%
Dec 20002.3%
Sep 20000.6%
Jun 20002.6%
Mar 2000-2%
Dec 1999-2.6%
Sep 1999-0.4%
Jun 19990.8%
Mar 19994.1%
Dec 19984.5%
Sep 19982.9%
Jun 19981.7%
Mar 19983.2%
Dec 19974.7%
Sep 1997-0.1%
Jun 1997-0.7%
Mar 1997-1.6%
Dec 1996-1.2%
Sep 19962.6%
Jun 19967.9%
Mar 19963.7%
Dec 19953.2%
Sep 19958.3%
Jun 1995-5.3%
Mar 19956.2%
Dec 19943%
Sep 1994-0.2%
Jun 19947.5%
Mar 19943.2%
Dec 19933.1%

Source: FHFA house price index; recession dates from NBER · data through Q2 2026

FHFA's all-transactions index for the Lawton metro area in the second quarter of 2026 was 10.2% above its level a year earlier. Since 1993, prices have risen an average of 2.9% a year. Nationally, prices were 3.0% higher than a year earlier.

Why it matters. Long-run context shows how the latest change in Lawton home prices compares with the market's own history, including the recessions shaded on the chart. When appreciation slows, sellers have less room for a list price to run ahead of recent sales, and buyers feel less pressure to stretch to keep up; when it speeds up, the reverse holds: list prices can run ahead of recent sales and buyers compete harder.

Price reconciliation

red · 6.1pp

Redfin (metro)

+4.1%

FHFA HPI · Q2 2026

+10.2%

Year-over-year home-price change from two independent methods — Redfin (sale prices over the last 3 months) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

More markets in OK

EnidOklahoma CityTulsa

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
73501$164K↑44↑20↓12↑68↑$125K↑
73505$190K↑197↑80↓52↓50↑$154K↑
73507$175K↑107↑24↓32↑72↑$139K↑
73538$372K↑40↑4↓4↑57↓$306K↑

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.