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Buying a home in Quapaw, Oklahoma

The typical owner-occupied home in Quapaw is worth about $72,200, 64% below the Oklahoma median of $199,800 and 78% below the national median of $332,700. Owners pay a median $355 a year in property taxes, about 0.49% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $40,000 a year, so the median home costs 1.8 times the median income (3.1 times for Oklahoma). 60% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.

Quapaw at a glance

Quapaw Oklahoma U.S.
Median home value $72,200 $199,800 $332,700
Median property tax paid per year $355 $1,599 $3,119
Property tax as a share of value 0.49% 0.80% 0.94%
Median household income $40,000 $65,039 $80,734
Homes lived in by their owners 60% 66% 65%
Owner homes with a mortgage 37% 54% 61%
Median monthly costs, owners with a mortgage $1,006 $1,539 $1,963
Those costs as a share of the owners' income 17.3% 19.6% 21.0%
Median rent $709 $1,014 $1,413
Rent as a share of renters' income 24.8% 28.4% 30.6%
Median year homes were built 1974 1980 1980
Vacant homes 10.5% 12.0% 10.1%
Population 728 4,028,634 334,922,499

What a typical home costs per month in Quapaw

At this week's average 30-year rate of 7.11%, buying the median Quapaw home of $72,200 with 20% down costs about $448 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $568, 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 $19,206 for the 20%-down payment. That payment is 13% of the median Quapaw household income of $40,000; at that income and 20% down, the 28% guideline points to a home of about $150,000.

The median rent here is $709 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$14,440
Loan amount$57,760
Principal and interest$389
Property taxes (0.49% a year)$29
Homeowners insurance (our estimate, 0.5% a year)$30
PMI$0
Total per month$448

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3.5% down, 30-year FHA loan
Down payment$2,527
Loan amount$70,892
Principal and interest$477
Property taxes (0.49% a year)$29
Homeowners insurance (our estimate, 0.5% a year)$30
FHA mortgage insurance$32
Total per month$568

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Questions about home buying in Quapaw

What is the median home value in Quapaw?

About $72,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Quapaw?

Homeowners pay a median $355 a year, which is about 0.49% 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 Quapaw?

For the median home with 20% down at 7.11%, the payment is about $448 a month. Keeping that under 28% of gross income takes about $19,206 a year.

More about Quapaw

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