Altus, OK home prices
Typical home $114,719 · +3.6% in a year · income needed $31,400
The Altus, OK metro area ranks 871 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.6% in a year and +15.3% over five years. With 20% down at 7.11%, the typical home costs about $732 a month including 0.59% property tax (Jackson County rate).
Mortgage on the typical Altus home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $22,944 | $91,775 | $617 | $0 | $114 | $732 | $31,400 |
| 10% down | $11,472 | $103,247 | $695 | $43 | $114 | $852 | $36,500 |
| 5% down | $5,736 | $108,983 | $733 | $45 | $114 | $893 | $38,300 |
| 3.5% down (FHA) | $4,015 | $112,641 | $758 | $51 | $114 | $923 | $39,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.59% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Altus area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Jackson County, OK | $114,643 | +3.6% | 0.59% |
What can you afford in Oklahoma on your salary? · Oklahoma home prices · Salaries in Oklahoma
Frequently asked questions
How much is a house in Altus?
The typical home in the Altus, OK metro area is worth $114,719 (Zillow, September 2026).
What salary do you need to buy a house in Altus?
About $31,400 a year for the typical home with 20% down at 7.11%.