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Buying a home in Slick, Oklahoma

The typical owner-occupied home in Slick is worth about $131,300, 34% below the Oklahoma median of $199,800 and 61% below the national median of $332,700. Owners pay a median $800 a year in property taxes, about 0.61% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $19,574 a year, so the median home costs 6.7 times the median income (3.1 times for Oklahoma). 47% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.

Slick at a glance

Slick Oklahoma U.S.
Median home value $131,300 $199,800 $332,700
Median property tax paid per year $800 $1,599 $3,119
Property tax as a share of value 0.61% 0.80% 0.94%
Median household income $19,574 $65,039 $80,734
Homes lived in by their owners 47% 66% 65%
Owner homes with a mortgage 24% 54% 61%
Median monthly costs, owners with a mortgage – $1,539 $1,963
Those costs as a share of the owners' income 37.5% 19.6% 21.0%
Median rent – $1,014 $1,413
Median year homes were built 1968 1980 1980
Vacant homes 12.6% 12.0% 10.1%
Population 142 4,028,634 334,922,499

What a typical home costs per month in Slick

At this week's average 30-year rate of 7.11%, buying the median Slick home of $131,300 with 20% down costs about $828 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,047, 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 $35,488 for the 20%-down payment. That payment is 51% of the median Slick household income of $19,574; at that income and 20% down, the 28% guideline points to a home of about $72,000.

20% down, 30-year conventional loan
Down payment$26,260
Loan amount$105,040
Principal and interest$707
Property taxes (0.61% a year)$67
Homeowners insurance (our estimate, 0.5% a year)$55
PMI$0
Total per month$828

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3.5% down, 30-year FHA loan
Down payment$4,596
Loan amount$128,922
Principal and interest$867
Property taxes (0.61% a year)$67
Homeowners insurance (our estimate, 0.5% a year)$55
FHA mortgage insurance$58
Total per month$1,047

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Questions about home buying in Slick

What is the median home value in Slick?

About $131,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Slick?

Homeowners pay a median $800 a year, which is about 0.61% 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 Slick?

For the median home with 20% down at 7.11%, the payment is about $828 a month. Keeping that under 28% of gross income takes about $35,488 a year.

More about Slick

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