The typical owner-occupied home in Wann is worth about $76,700, 62% below the Oklahoma median of $199,800 and 77% below the national median of $332,700. The median household earns $56,250 a year, so the median home costs 1.4 times the median income (3.1 times for Oklahoma). 67% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Wann at a glance
| Wann | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $76,700 | $199,800 | $332,700 |
| Median property tax paid per year | – | $1,599 | $3,119 |
| Median household income | $56,250 | $65,039 | $80,734 |
| Homes lived in by their owners | 67% | 66% | 65% |
| Owner homes with a mortgage | 41% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $950 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 19.6% | 21.0% |
| Median rent | – | $1,014 | $1,413 |
| Median year homes were built | 1975 | 1980 | 1980 |
| Vacant homes | 29.8% | 12.0% | 10.1% |
| Population | 87 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Wann
At this week's average 30-year rate of 7.11%, buying the median Wann home of $76,700 with 20% down costs about $515 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $643, 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 $22,073 for the 20%-down payment. That payment is 11% of the median Wann household income of $56,250; at that income and 20% down, the 28% guideline points to a home of about $195,000.
| Down payment | $15,340 |
|---|---|
| Loan amount | $61,360 |
| Principal and interest | $413 |
| Property taxes (1.10% a year) | $70 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $515 |
Change the numbers in the calculator
| Down payment | $2,684 |
|---|---|
| Loan amount | $75,311 |
| Principal and interest | $507 |
| Property taxes (1.10% a year) | $70 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $643 |
Change the numbers in the calculator
Questions about home buying in Wann
What is the median home value in Wann?
About $76,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Wann?
For the median home with 20% down at 7.11%, the payment is about $515 a month. Keeping that under 28% of gross income takes about $22,073 a year.
More about Wann
- Mortgage Refinance in Wann
- Debt Relief in Wann
- Home Equity Loans in Wann
- 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