Cost to Own
United StatesOklahomaSeminole CountyKonawa Population 1,193 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Konawa, Oklahoma

A $50,000 home here costs

$563

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $257. The real number is $306 higher every month — 119% more than the payment most buyers budget for.

Konawa median: $50,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $40,000 borrowed $257
Property tax0.652% effective rate for Konawa itself $27
Homeowners insuranceOklahoma averages $2,155/yr (NAIC), or 1.163% of home value $48
Electricity13.38¢/kWh — Oklahoma residential average, EIA $120
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $42
Total monthly $563

Konawa against Seminole County and Oklahoma

MeasureKonawaSeminole County
Median home value$50,000$91,200
Median property tax$326$552
Effective tax rate0.652%0.605%
Median gross rent$672$730
Population1,19323,550

The weather behind that power bill

Konawa sits in Seminole County, which averages a high of 93.0°F in its hottest month and a low of 30.3°F in its coldest, with 43.53" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 2,033 cooling and 3,160 heating degree days, which is what sets the $120 electricity line above.

See the full climate breakdown for Seminole County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Seminole County

Full Seminole County cost breakdown · Every county in Oklahoma

Common questions

How much does it cost to own a home in Konawa?

A $50,000 home in Konawa, Oklahoma costs approximately $563 per month with 20% down at 6.66%. That is $257 principal and interest, $27 property tax, $48 homeowners insurance, $188 utilities and $42 set aside for maintenance.

What is the property tax rate in Konawa?

Konawa has an effective property tax rate of 0.652%, based on a median home value of $50,000 and median real estate taxes of $326. That is higher than the Seminole County average of 0.605%.

What is the average home price in Konawa?

The median owner-occupied home value in Konawa, Oklahoma is $50,000, against $91,200 across Seminole County.

Is it cheaper to rent or buy in Konawa?

Median gross rent in Konawa is $672 a month, against $563 to own the median home all in. Owning costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Konawa — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Oklahoma.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology