The typical owner-occupied home in Ketchum is worth about $203,800, about the same as the Oklahoma median of $199,800 and 39% below the national median of $332,700. Owners pay a median $807 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 $55,000 a year, so the median home costs 3.7 times the median income (3.1 times for Oklahoma). 66% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Ketchum at a glance
| Ketchum | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $203,800 | $199,800 | $332,700 |
| Median property tax paid per year | $807 | $1,599 | $3,119 |
| Property tax as a share of value | 0.40% | 0.80% | 0.94% |
| Median household income | $55,000 | $65,039 | $80,734 |
| Homes lived in by their owners | 66% | 66% | 65% |
| Owner homes with a mortgage | 30% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,063 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 19.6% | 21.0% |
| Median rent | $775 | $1,014 | $1,413 |
| Rent as a share of renters' income | 16.4% | 28.4% | 30.6% |
| Median year homes were built | 1988 | 1980 | 1980 |
| Vacant homes | 22.8% | 12.0% | 10.1% |
| Population | 499 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Ketchum
At this week's average 30-year rate of 7.11%, buying the median Ketchum home of $203,800 with 20% down costs about $1,250 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,589, 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 $53,556 for the 20%-down payment. That payment is 27% of the median Ketchum household income of $55,000; at that income and 20% down, the 28% guideline points to a home of about $209,000.
The median rent here is $775 a month, so owning the median home costs about $475 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $40,760 |
|---|---|
| Loan amount | $163,040 |
| Principal and interest | $1,097 |
| Property taxes (0.40% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| PMI | $0 |
| Total per month | $1,250 |
Change the numbers in the calculator
| Down payment | $7,133 |
|---|---|
| Loan amount | $200,109 |
| Principal and interest | $1,346 |
| Property taxes (0.40% a year) | $68 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| FHA mortgage insurance | $90 |
| Total per month | $1,589 |
Change the numbers in the calculator
Questions about home buying in Ketchum
What is the median home value in Ketchum?
About $203,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ketchum?
Homeowners pay a median $807 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 Ketchum?
For the median home with 20% down at 7.11%, the payment is about $1,250 a month. Keeping that under 28% of gross income takes about $53,556 a year.
More about Ketchum
- Mortgage Refinance in Ketchum
- Debt Relief in Ketchum
- Home Equity Loans in Ketchum
- 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