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Buying a home in Maramec, Oklahoma

The typical owner-occupied home in Maramec is worth about $63,800, 68% below the Oklahoma median of $199,800 and 81% below the national median of $332,700. Owners pay a median $325 a year in property taxes, about 0.51% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $36,250 a year, so the median home costs 1.8 times the median income (3.1 times for Oklahoma). 94% of occupied homes here are lived in by their owners, and 13% of those owners still have a mortgage.

Maramec at a glance

Maramec Oklahoma U.S.
Median home value $63,800 $199,800 $332,700
Median property tax paid per year $325 $1,599 $3,119
Property tax as a share of value 0.51% 0.80% 0.94%
Median household income $36,250 $65,039 $80,734
Homes lived in by their owners 94% 66% 65%
Owner homes with a mortgage 13% 54% 61%
Median monthly costs, owners with a mortgage – $1,539 $1,963
Median rent – $1,014 $1,413
Median year homes were built 1960 1980 1980
Vacant homes 63.6% 12.0% 10.1%
Population 34 4,028,634 334,922,499

What a typical home costs per month in Maramec

At this week's average 30-year rate of 7.11%, buying the median Maramec home of $63,800 with 20% down costs about $397 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $503, 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 $17,016 for the 20%-down payment. That payment is 13% of the median Maramec household income of $36,250; at that income and 20% down, the 28% guideline points to a home of about $136,000.

20% down, 30-year conventional loan
Down payment$12,760
Loan amount$51,040
Principal and interest$343
Property taxes (0.51% a year)$27
Homeowners insurance (our estimate, 0.5% a year)$27
PMI$0
Total per month$397

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3.5% down, 30-year FHA loan
Down payment$2,233
Loan amount$62,644
Principal and interest$421
Property taxes (0.51% a year)$27
Homeowners insurance (our estimate, 0.5% a year)$27
FHA mortgage insurance$28
Total per month$503

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Questions about home buying in Maramec

What is the median home value in Maramec?

About $63,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Maramec?

Homeowners pay a median $325 a year, which is about 0.51% 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 Maramec?

For the median home with 20% down at 7.11%, the payment is about $397 a month. Keeping that under 28% of gross income takes about $17,016 a year.

More about Maramec

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