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Garvin

Learn about the people, housing, costs and businesses in Garvin, Oklahoma

Median Home$109,400
Median Rent$609/month
Population171
Leading IndustriesConstruction · Agriculture & Mining · Retail16% construction
Home Value Growth-6.4% over 2 years
Retirees22% of residentsnear the national average
Homeowners56% of occupied units
NotableAffordable Market$109k median home · lower cost than 89% of the country
Garvin
OK

Frequently Asked Questions

What are today's mortgage rates in Garvin?

As of today, the 30-year fixed mortgage rate for Garvin is approximately 7.366% (7.418% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Garvin?

The median home value in Garvin is $109k. The median monthly rent is $609. Annual property taxes average $489. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garvin?

Home values in Garvin have decreased 6.4% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Garvin?

Based on a typical all-in ownership cost of $567/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garvin is $42k/year.

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What industries drive the economy in Garvin?

The largest employment sectors in Garvin are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.