Mortgage payment estimates, closing cost breakdowns, and homebuying data for Ponca City, Oklahoma.
Pre-filled with Ponca City median home price and Oklahoma tax/insurance rates. Adjust for your property.
Estimated closing costs based on Oklahoma rates and fees applied to Ponca City prices.
The median home price in Ponca City is $125,000, 40% below the Oklahoma state median of $210,000. With a population of 24,396, Ponca City is a smaller market where home prices tend to be more accessible than in many parts of Oklahoma.
Property taxes in Oklahoma average 0.88% annually. This moderate property tax rate means a $125,000 home in Ponca City would carry roughly $92/month in property taxes. Homeowners insurance in Oklahoma runs approximately $3,600 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Ponca City is $720/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Ponca City over the long term.
Ponca City offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Oklahoma's OHFA Homebuyer DPA program.