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Buying a home in Grant, Oklahoma

The typical owner-occupied home in Grant is worth about $68,300, 66% below the Oklahoma median of $199,800 and 79% below the national median of $332,700. Owners pay a median $272 a year in property taxes, about 0.40% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $20,769 a year, so the median home costs 3.3 times the median income (3.1 times for Oklahoma). 84% of occupied homes here are lived in by their owners, and 15% of those owners still have a mortgage.

Grant at a glance

Grant Oklahoma U.S.
Median home value $68,300 $199,800 $332,700
Median property tax paid per year $272 $1,599 $3,119
Property tax as a share of value 0.40% 0.80% 0.94%
Median household income $20,769 $65,039 $80,734
Homes lived in by their owners 84% 66% 65%
Owner homes with a mortgage 15% 54% 61%
Median monthly costs, owners with a mortgage – $1,539 $1,963
Median rent – $1,014 $1,413
Rent as a share of renters' income 37.5% 28.4% 30.6%
Median year homes were built 1987 1980 1980
Vacant homes 26.5% 12.0% 10.1%
Population 176 4,028,634 334,922,499

What a typical home costs per month in Grant

At this week's average 30-year rate of 7.11%, buying the median Grant home of $68,300 with 20% down costs about $419 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $533, 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 $17,949 for the 20%-down payment. That payment is 24% of the median Grant household income of $20,769; at that income and 20% down, the 28% guideline points to a home of about $79,000.

20% down, 30-year conventional loan
Down payment$13,660
Loan amount$54,640
Principal and interest$368
Property taxes (0.40% a year)$23
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$419

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3.5% down, 30-year FHA loan
Down payment$2,390
Loan amount$67,063
Principal and interest$451
Property taxes (0.40% a year)$23
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$533

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Questions about home buying in Grant

What is the median home value in Grant?

About $68,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Grant?

Homeowners pay a median $272 a year, which is about 0.40% 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 Grant?

For the median home with 20% down at 7.11%, the payment is about $419 a month. Keeping that under 28% of gross income takes about $17,949 a year.

More about Grant

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