Payne County

A local view of the market.

The real estate market in Payne County, Oklahoma, is currently experiencing growth, with the median listing home price reaching $249,900 as of October 2024, marking a 6.3% increase from the previous year. The median home sold price is slightly lower at $213,000, indicating a competitive market where homes are selling close to their listing prices. Payne County is home to several notable cities, including Stillwater, Cushing, and Perkins. Stillwater, the largest city in the county, has a population of approximately 50,000 and serves as a hub for education and culture, being the location of Oklahoma State University. Cushing, known for its oil industry, has a population of about 7,800, while Perkins, a smaller community, has around 3,000 residents. Living in Payne County offers a mix of rural and suburban lifestyles, with a strong presence of agriculture and farming alongside suburban developments. The county's economy is bolstered by industries such as education, energy, and agriculture, attracting individuals seeking a balance between rural charm and suburban convenience. Migration patterns suggest that people are moving to Payne County for its affordable housing, educational opportunities, and the appealing quality of life it offers.