Owasso, Oklahoma.
Typical home $319,357 (+2.0% in a year), asking rent $1,375 (+2.9%). Tulsa, OK metro.
to buy the typical home at today's mortgage rate — +$896 (+115%) since Jan 2020.
- 1 year
- Up $6,182 +2%
- $313,174$319,357 since Sep 2025
- 5 years
- Up $64,983 +26%
- $254,374$319,357 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Owasso$1,676
- Oklahoma$1,159
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Owasso, OK rose 2.0% over the past year — faster than the nation's +1.2%.
Asking rents in Owasso, OK rose 2.9% over the past year — in step with the nation.
Owning the typical home in Owasso runs $901/mo more than renting one. The gap peaked at $940 in May 2024.
That is $2,275 a month against $1,375 rent: a $1,676 mortgage payment, plus $257 property tax and $342 insurance & upkeep.
Owning vs renting — Owasso
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,275
- Renting$1,375
- Mortgage only$1,676
Property tax · $257/mo 0.97% of value a year — the ACS 2020-2024 median bill over the median home value for Tulsa County, OK
Insurance & upkeep · $342/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Owasso, Tulsa County, Oklahoma
Owasso is a city of 38,240 people in Tulsa County. Half its households earn more than $79,036 a year and half less, against $69,009 across Tulsa County; 7% of its people live below the poverty line. 64% of its homes are lived in by their owners and 36% are rented. Unemployment in Owasso was 3.6% in August 2026, and Tulsa County had 0.9% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Owasso is a city in Tulsa County with a younger population than many American towns, and most homes are lived in by their owners. Household incomes run above the county's, and fewer people live below the poverty line than you might expect for a place of its size. Winters are cold and summers are hot, with some snow each year and a fair amount of rain.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, retail and professional and business services also common. Among the largest workplaces in Owasso are Owasso Schools, Walmart and Bailey Medical Center. Unemployment has risen a little compared with a year earlier, while jobs across the county have grown slightly. Commutes are moderate, and some people work from home.
Things to do. A short drive away, the Tulsa Zoo and the Tulsa Air and Space Museum & Planetarium give families and curious visitors places to spend an afternoon. The Caney River, also a short drive off, offers a quiet stretch of water. For art, the Philbrook Museum of Art is a museum a longer drive away.
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- 15,748households
- 35%of adults have a degree
- 7%below the poverty line
- 22 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Tulsa County had 371,956 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 49° and lows near 28°; warmest in July, with highs near 94° and lows near 73°. About 9 inches of snow and 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Tulsa International Airport weather station, 7 miles away (NOAA).
Largest workplaces in Owasso
- Owasso SchoolsSchool district1,196FTE
- WalmartWarehouse clubs and supercenters435
- A New LeafRehabilitation job counseling and training, vocational232
- Bailey Medical CenterGeneral hospital207FTE
- Baptist Village Communities - OwassoContinuing care retirement communities202
- Mingo AerospaceAircraft assemblies, subassemblies, and parts manufacturing179
- Sam's ClubWarehouse clubs and supercenters173
- St. John OwassoGeneral hospital154FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 27 workplaces with 20 or more staff, 3,289 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Heat wavesRelatively high
- Ice stormsRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Owasso’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Tulsa County and the Tulsa, OK metro.
Owasso home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Owasso$319,357
- Oklahoma$220,801
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Owasso listings, and the typical home goes pending in 29 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Owasso27.44%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Owasso29
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Owasso290
New listings per month
Sellers arriving at the market.
- Owasso87
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Owasso$311,582
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Owasso98.83%
Zip codes with a Owasso address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Owasso — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.