Home / Home Buying by state / Oklahoma / Love County / Burneyville

Buying a home in Burneyville, Oklahoma

The typical owner-occupied home in Burneyville is worth about $162,900, 18% below the Oklahoma median of $199,800 and 51% below the national median of $332,700. Owners pay a median $961 a year in property taxes, about 0.59% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $73,558 a year, so the median home costs 2.2 times the median income (3.1 times for Oklahoma). 86% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.

Burneyville at a glance

Burneyville Oklahoma U.S.
Median home value $162,900 $199,800 $332,700
Median property tax paid per year $961 $1,599 $3,119
Property tax as a share of value 0.59% 0.80% 0.94%
Median household income $73,558 $65,039 $80,734
Homes lived in by their owners 86% 66% 65%
Owner homes with a mortgage 36% 54% 61%
Median monthly costs, owners with a mortgage $1,318 $1,539 $1,963
Those costs as a share of the owners' income 22.7% 19.6% 21.0%
Median rent $1,095 $1,014 $1,413
Rent as a share of renters' income 18.5% 28.4% 30.6%
Median year homes were built 1987 1980 1980
Vacant homes 22.1% 12.0% 10.1%
Population 935 4,028,634 334,922,499

What a typical home costs per month in Burneyville

At this week's average 30-year rate of 7.11%, buying the median Burneyville home of $162,900 with 20% down costs about $1,025 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,296, 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 $43,913 for the 20%-down payment. That payment is 17% of the median Burneyville household income of $73,558; at that income and 20% down, the 28% guideline points to a home of about $273,000.

The median rent here is $1,095 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$32,580
Loan amount$130,320
Principal and interest$877
Property taxes (0.59% a year)$80
Homeowners insurance (our estimate, 0.5% a year)$68
PMI$0
Total per month$1,025

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$5,702
Loan amount$159,949
Principal and interest$1,076
Property taxes (0.59% a year)$80
Homeowners insurance (our estimate, 0.5% a year)$68
FHA mortgage insurance$72
Total per month$1,296

Change the numbers in the calculator

Questions about home buying in Burneyville

What is the median home value in Burneyville?

About $162,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Burneyville?

Homeowners pay a median $961 a year, which is about 0.59% 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 Burneyville?

For the median home with 20% down at 7.11%, the payment is about $1,025 a month. Keeping that under 28% of gross income takes about $43,913 a year.

More about Burneyville

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