Home / Home Buying by state / Oklahoma / Cimarron County / Felt

Buying a home in Felt, Oklahoma

The typical owner-occupied home in Felt is worth about $26,300, 87% below the Oklahoma median of $199,800 and 92% below the national median of $332,700. The median household earns $96,042 a year, so the median home costs 0.3 times the median income (3.1 times for Oklahoma). 58% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.

Felt at a glance

Felt Oklahoma U.S.
Median home value $26,300 $199,800 $332,700
Median property tax paid per year – $1,599 $3,119
Median household income $96,042 $65,039 $80,734
Homes lived in by their owners 58% 66% 65%
Owner homes with a mortgage 0% 54% 61%
Median monthly costs, owners with a mortgage – $1,539 $1,963
Median rent – $1,014 $1,413
Median year homes were built 1975 1980 1980
Vacant homes 69.4% 12.0% 10.1%
Population 117 4,028,634 334,922,499

What a typical home costs per month in Felt

At this week's average 30-year rate of 7.11%, buying the median Felt home of $26,300 with 20% down costs about $177 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $220, 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 $7,569 for the 20%-down payment. That payment is 2% of the median Felt household income of $96,042; at that income and 20% down, the 28% guideline points to a home of about $334,000.

20% down, 30-year conventional loan
Down payment$5,260
Loan amount$21,040
Principal and interest$142
Property taxes (1.10% a year)$24
Homeowners insurance (our estimate, 0.5% a year)$11
PMI$0
Total per month$177

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$920
Loan amount$25,824
Principal and interest$174
Property taxes (1.10% a year)$24
Homeowners insurance (our estimate, 0.5% a year)$11
FHA mortgage insurance$12
Total per month$220

Change the numbers in the calculator

Questions about home buying in Felt

What is the median home value in Felt?

About $26,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Felt?

For the median home with 20% down at 7.11%, the payment is about $177 a month. Keeping that under 28% of gross income takes about $7,569 a year.

More about Felt

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