Moore, OK home values, income, and owner costs

Start with the dated local finding: In Moore, OK, the 2024 ACS reports a median owner-occupied home value of $204,500, median household income of $80,420, and median selected monthly owner costs of $1,552 for owners with a mortgage. Together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,552 measure combines recurring ownership expenses in place of real estate taxes alone. For borrower planning, a useful affordability review starts with $204,500, $80,420, and $1,552, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Moore, OK's $204,500 median home-value estimate is above the statewide $199,800 estimate, with a reported city-to-state gap of 2.4%. That 2.4% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Moore, OK. It does not mean every local property is 2.4% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. For borrower planning, a borrower can apply $204,500 and $199,800 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.