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Buying a home in Hitchita, Oklahoma

The typical owner-occupied home in Hitchita is worth about $57,500, 71% below the Oklahoma median of $199,800 and 83% below the national median of $332,700. Owners pay a median $350 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 $43,750 a year, so the median home costs 1.3 times the median income (3.1 times for Oklahoma). 100% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.

Hitchita at a glance

Hitchita Oklahoma U.S.
Median home value $57,500 $199,800 $332,700
Median property tax paid per year $350 $1,599 $3,119
Property tax as a share of value 0.61% 0.80% 0.94%
Median household income $43,750 $65,039 $80,734
Homes lived in by their owners 100% 66% 65%
Owner homes with a mortgage 44% 54% 61%
Median monthly costs, owners with a mortgage – $1,539 $1,963
Median rent – $1,014 $1,413
Median year homes were built 1970 1980 1980
Vacant homes 35.7% 12.0% 10.1%
Population 40 4,028,634 334,922,499

What a typical home costs per month in Hitchita

At this week's average 30-year rate of 7.11%, buying the median Hitchita home of $57,500 with 20% down costs about $363 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $458, 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 $15,541 for the 20%-down payment. That payment is 10% of the median Hitchita household income of $43,750; at that income and 20% down, the 28% guideline points to a home of about $162,000.

20% down, 30-year conventional loan
Down payment$11,500
Loan amount$46,000
Principal and interest$309
Property taxes (0.61% a year)$29
Homeowners insurance (our estimate, 0.5% a year)$24
PMI$0
Total per month$363

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3.5% down, 30-year FHA loan
Down payment$2,012
Loan amount$56,459
Principal and interest$380
Property taxes (0.61% a year)$29
Homeowners insurance (our estimate, 0.5% a year)$24
FHA mortgage insurance$25
Total per month$458

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Questions about home buying in Hitchita

What is the median home value in Hitchita?

About $57,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hitchita?

Homeowners pay a median $350 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 Hitchita?

For the median home with 20% down at 7.11%, the payment is about $363 a month. Keeping that under 28% of gross income takes about $15,541 a year.

More about Hitchita

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