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Housing in Lone Grove

A typical Lone Grove home is worth about $224,000

Up 2.7% in a year, close to the Oklahoma typical home.

Typical home value
$224K
▲ 2.7% in a year · OK $223K
Zillow
Median sale price
$567K
May 2026 · Redfin
Homes sold
4
in May · 19 for sale
2-bedroom rent
$1,080
a month, utilities in · HUD
Median tax bill
$1,621
OK $1,599

Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

Price trend

Up 30.5% in five years

Faster than Oklahoma (26.5%).

Lone GroveOklahoma
$100K$125K$150K$175K$200K$225K20182020202220242026
Show as a table
JanuaryLone GroveOklahoma
2017$125,000$130,000
2018$129,000$134,000
2019$136,000$139,000
2020$144,000$148,000
2021$158,000$163,000
2022$182,000$185,000
2023$205,000$203,000
2024$214,000$210,000
2025$219,000$217,000
2026$220,000$221,000
August 2026$224,000$223,000
Then & now

A typical Lone Grove home worth $122K in September 2016 is worth about $224K today.

+$103K
+2.7%
past year
+30.5%
past 5 years
+84.3%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Affordability

A typical home costs 3 years of income

Less than across Oklahoma (3.4 years). Try your own numbers below.

You could afford about
$293,000
Typical Lone Grove home $224K

That covers a typical Lone Grove home, with $68K to spare.

The typical home, each month
$1,320
Loan $1,110Tax $150Insurance $70

A two-bedroom rents for about $1,080 a month here, $240 less than owning.

How Lone Grove ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lone Grove’s typical property tax (0.79% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,080

Renters already here pay a median of $875, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$800
1 bedroom$830
2 bedrooms$1,080
3 bedrooms$1,360
4 bedrooms$1,600
27%
of households rent · OK 34%
435
renter households
43%
of renters spend 30%+ of income on rent · OK 46%
17%
of the median income, for a two-bedroom
$875
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Carter County, OK): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

9 new homes permitted in 2025

Builders were permitted 9 new homes in Lone Grove in 2025, all single-family houses, worth about $2.7 million to build. That's 1.8 per 1,000 residents, slower than across Oklahoma (5.6). Over the past 10 years, Lone Grove has permitted 169 homes in all.

Single-family2+ homes per building
0204060 200020052010201520202025
9
new homes permitted in 2025
8
2026 so far (Jan–Aug)
1.8
per 1,000 residents · OK 5.6
169
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−61
New homes+176

Between the 2010 and 2020 censuses, Lone Grove's population fell by 61 even though 176 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Oklahoma: 1.8 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)880$2.6 million
2025990$2.7 million
2024440$1.2 million
202318180$3.7 million
202218180$3.7 million
202120200$4.1 million
202016160$3.3 million
201915150$3.1 million
201825250$5 million
201723230$4.6 million
201621210$4.2 million
201518180$3.6 million
201414140$3.4 million
201314140$3.4 million
201212120$2.9 million
201111110$2.7 million
201023158$3.1 million
200922220$3.6 million
2008231112$3 million
200723230$4.1 million
200627270$4.9 million
200556515$4.7 million
200451465$4.3 million
200346415$3.8 million
200234340$2.6 million
200129290$1.6 million
200018180$1.1 million

How Lone Grove ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

73% of Lone Grove households own their home

Half of Lone Grove’s homes were built before 1984.

Owners and renters
Own 73%Rent 27%

Oklahoma: 66% own.

1984
typical home built · OK 1980
$1,621
median property tax bill · OK $1,599
0.79%
of a home’s value, a year in tax · OK 0.80%

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Lone Grove buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lone Grove still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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