Median Home PriceBETTER
$150,944.46
Median RentBETTER
$1,052.43/mo
Price-to-Rent RatioBETTER
12.0
Property Tax RateTIE
0.90%
Price Change (1Y)BETTER
+3.5%
Price Change (5Y)BETTER
+17.6%
Break-Even YearsBETTER
17 years
10-Year Wealth DifferenceBETTER
$7,367
Median Home Price
$249,079.71
Median Rent
$1,385.57/mo
Price-to-Rent Ratio
15.0
Property Tax RateTIE
0.90%
Price Change (1Y)
+2.4%
Price Change (5Y)
+12.0%
Break-Even Years
N/A
10-Year Wealth Difference
$85,225
Key Differences
Home Prices
Lawton's median home price of $150,944.46 is lower than Norman's $249,079.71 by 39%.
Monthly Rent
Renting in Lawton costs $1,052.43/mo compared to $1,385.57/mo in Norman—a difference of $333.14/mo.
Buy vs Rent Verdict
Lawton favors either option, while Norman favors renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.