The typical owner-occupied home in Durant is worth about $163,200, 18% below the Oklahoma median of $199,800 and 51% below the national median of $332,700. Owners pay a median $1,133 a year in property taxes, about 0.69% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $46,812 a year, so the median home costs 3.5 times the median income (3.1 times for Oklahoma). 46% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Durant at a glance
| Durant | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $163,200 | $199,800 | $332,700 |
| Median property tax paid per year | $1,133 | $1,599 | $3,119 |
| Property tax as a share of value | 0.69% | 0.80% | 0.94% |
| Median household income | $46,812 | $65,039 | $80,734 |
| Homes lived in by their owners | 46% | 66% | 65% |
| Owner homes with a mortgage | 51% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,339 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 19.1% | 19.6% | 21.0% |
| Median rent | $953 | $1,014 | $1,413 |
| Rent as a share of renters' income | 30.3% | 28.4% | 30.6% |
| Median year homes were built | 1983 | 1980 | 1980 |
| Vacant homes | 9.3% | 12.0% | 10.1% |
| Population | 19,746 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Durant
At this week's average 30-year rate of 7.11%, buying the median Durant home of $163,200 with 20% down costs about $1,040 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,312, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $44,577 for the 20%-down payment. That payment is 27% of the median Durant household income of $46,812; at that income and 20% down, the 28% guideline points to a home of about $171,000.
The median rent here is $953 a month, so owning the median home costs about $87 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,640 |
|---|---|
| Loan amount | $130,560 |
| Principal and interest | $878 |
| Property taxes (0.69% a year) | $94 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,040 |
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| Down payment | $5,712 |
|---|---|
| Loan amount | $160,244 |
| Principal and interest | $1,078 |
| Property taxes (0.69% a year) | $94 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,312 |
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Questions about home buying in Durant
What is the median home value in Durant?
About $163,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Durant?
Homeowners pay a median $1,133 a year, which is about 0.69% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Durant?
For the median home with 20% down at 7.11%, the payment is about $1,040 a month. Keeping that under 28% of gross income takes about $44,577 a year.
More about Durant
- Mortgage Refinance in Durant
- Debt Relief in Durant
- Home Equity Loans in Durant
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data