Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hoffman area can be challenging. Home prices in Hoffman are now at a median cost of $87,373, lower than the Oklahoma average of $161,319.
The average cost of rent is $652/mo in Hoffman, primarily driven by the current value of real estate in the Hoffman area. While nearly 68.56% of residents own their homes outright in Hoffman, 10.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hoffman is $3,717 per month. Households that rent pay about 17.54% of their income on rent here. Hoffman's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Grayson, OK: higher priced homes
- Dighton, OK: equally priced homes
- Hitchita, OK: equally priced homes
- Dewar, OK: less expensive homes
- Lenna, OK: equally priced homes
- Schulter, OK: less expensive homes
- Pierce, OK: equally priced homes
- Spelter City, OK: equally priced homes
- Henryetta, OK: less expensive homes
- Council Hill, OK: higher priced homes
Cities with Similar Populations
- Hyde Manor, VT: higher priced homes
- Hindostan Falls, IN: higher priced homes
- Hockingport, OH: higher priced homes
- Hogsett, WV: less expensive homes
- Holcomb Village, CA: higher priced homes
- Hollister, ID: higher priced homes
- Holly Brook, VA: higher priced homes
- Holt, CA: higher priced homes
- Honobia, OK: higher priced homes
- Hunterstown, PA: higher priced homes
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