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Buying a home in Blair, Oklahoma

The typical owner-occupied home in Blair is worth about $88,900, 56% below the Oklahoma median of $199,800 and 73% below the national median of $332,700. Owners pay a median $459 a year in property taxes, about 0.52% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $49,063 a year, so the median home costs 1.8 times the median income (3.1 times for Oklahoma). 49% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.

Blair at a glance

Blair Oklahoma U.S.
Median home value $88,900 $199,800 $332,700
Median property tax paid per year $459 $1,599 $3,119
Property tax as a share of value 0.52% 0.80% 0.94%
Median household income $49,063 $65,039 $80,734
Homes lived in by their owners 49% 66% 65%
Owner homes with a mortgage 33% 54% 61%
Median monthly costs, owners with a mortgage $1,134 $1,539 $1,963
Those costs as a share of the owners' income 19.7% 19.6% 21.0%
Median rent $772 $1,014 $1,413
Rent as a share of renters' income 21.1% 28.4% 30.6%
Median year homes were built 1972 1980 1980
Vacant homes 13.2% 12.0% 10.1%
Population 585 4,028,634 334,922,499

What a typical home costs per month in Blair

At this week's average 30-year rate of 7.11%, buying the median Blair home of $88,900 with 20% down costs about $554 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $702, 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 $23,743 for the 20%-down payment. That payment is 14% of the median Blair household income of $49,063; at that income and 20% down, the 28% guideline points to a home of about $184,000.

The median rent here is $772 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$17,780
Loan amount$71,120
Principal and interest$478
Property taxes (0.52% a year)$39
Homeowners insurance (our estimate, 0.5% a year)$37
PMI$0
Total per month$554

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3.5% down, 30-year FHA loan
Down payment$3,112
Loan amount$87,290
Principal and interest$587
Property taxes (0.52% a year)$39
Homeowners insurance (our estimate, 0.5% a year)$37
FHA mortgage insurance$39
Total per month$702

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Questions about home buying in Blair

What is the median home value in Blair?

About $88,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Blair?

Homeowners pay a median $459 a year, which is about 0.52% 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 Blair?

For the median home with 20% down at 7.11%, the payment is about $554 a month. Keeping that under 28% of gross income takes about $23,743 a year.

More about Blair

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