Home Value Trail

States › Oklahoma › Payne County › Stillwater

Permit-issuing place

Stillwater

Payne County · Stillwater, OK · Oklahoma · 50,046 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Payne County index 1976–2025
FHFA house price index for Payne County, which contains Stillwater, 1976 to 2025Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 630
Payne County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Payne County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

In the 12 months to August 2026, building permits in Stillwater, Oklahoma, covered 167 housing units (−12.6% year on year); the place lies in Payne County.

131 of those units were single-family houses (78%), 25 were in two- to four-unit buildings and 11 in buildings of five or more units. That is 3.3 units per 1,000 residents, well above the county's 2.1 and close to the state's 3.6.

Since 1995 the place has authorised 8,239 units, with the busiest year 2004 (850 units). Payne County's FHFA house price index rose +71.4% over the ten years to 2025.

167units permitted, 12 months to August 2026−12.6% on the previous 12 months
131single-family units78% of the total
11units in 5+ unit buildings7% of the total
3.3units per 1,000 residentsPayne County 2.1 · Oklahoma 3.6

Permits by month and structure type

Housing units authorised in Stillwater by month, latest 24 months0204060Sep 2024: 4 units (4 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 10 units (10 single-family, 0 in multi-unit buildings)Nov 2024: 12 units (10 single-family, 2 in multi-unit buildings)Dec 2024: 14 units (12 single-family, 2 in multi-unit buildings)Dec 2024Jan 2025: 18 units (14 single-family, 4 in multi-unit buildings)Feb 2025: 17 units (17 single-family, 0 in multi-unit buildings)Mar 2025: 21 units (19 single-family, 2 in multi-unit buildings)Mar 2025Apr 2025: 17 units (12 single-family, 5 in multi-unit buildings)May 2025: 11 units (11 single-family, 0 in multi-unit buildings)Jun 2025: 10 units (10 single-family, 0 in multi-unit buildings)Jun 2025Jul 2025: 11 units (11 single-family, 0 in multi-unit buildings)Aug 2025: 46 units (10 single-family, 36 in multi-unit buildings)Sep 2025: 14 units (14 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 16 units (16 single-family, 0 in multi-unit buildings)Nov 2025: 23 units (5 single-family, 18 in multi-unit buildings)Dec 2025: 14 units (9 single-family, 5 in multi-unit buildings)Dec 2025Jan 2026: 8 units (6 single-family, 2 in multi-unit buildings)Feb 2026: 11 units (11 single-family, 0 in multi-unit buildings)Mar 2026: 11 units (11 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 17 units (12 single-family, 5 in multi-unit buildings)May 2026: 8 units (8 single-family, 0 in multi-unit buildings)Jun 2026: 17 units (11 single-family, 6 in multi-unit buildings)Jun 2026Jul 2026: 11 units (11 single-family, 0 in multi-unit buildings)Aug 2026: 17 units (17 single-family, 0 in multi-unit buildings)

Housing units authorised in Stillwater by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026StillwaterPayne CountyOklahomaUnited States
All housing units16717414,7021,418,086
Single-family (1 unit)131 (78%)138 (79%)10,815 (74%)888,241 (63%)
2 units6662234,814
3–4 units191920117,298
5 or more units11 (7%)11 (6%)3,064 (21%)477,733 (34%)
Units per 1,000 residents3.32.13.64.1
Change on previous 12 months−12.6%−14.7%+1.3%−0.1%

Permits by year since 1995

Housing units authorised in Stillwater by year, 1995–202505001,0001995: 163 units (111 single-family, 52 in multi-unit buildings)19951996: 187 units (116 single-family, 71 in multi-unit buildings)1997: 200 units (119 single-family, 81 in multi-unit buildings)1998: 211 units (127 single-family, 84 in multi-unit buildings)1999: 215 units (134 single-family, 81 in multi-unit buildings)2000: 183 units (123 single-family, 60 in multi-unit buildings)20002001: 183 units (126 single-family, 57 in multi-unit buildings)2002: 151 units (133 single-family, 18 in multi-unit buildings)2003: 188 units (162 single-family, 26 in multi-unit buildings)2004: 850 units (235 single-family, 615 in multi-unit buildings)2005: 326 units (218 single-family, 108 in multi-unit buildings)20052006: 334 units (237 single-family, 97 in multi-unit buildings)2007: 378 units (176 single-family, 202 in multi-unit buildings)2008: 332 units (106 single-family, 226 in multi-unit buildings)2009: 87 units (73 single-family, 14 in multi-unit buildings)2010: 106 units (102 single-family, 4 in multi-unit buildings)20102011: 281 units (63 single-family, 218 in multi-unit buildings)2012: 245 units (82 single-family, 163 in multi-unit buildings)2013: 734 units (305 single-family, 429 in multi-unit buildings)2014: 299 units (88 single-family, 211 in multi-unit buildings)2015: 496 units (128 single-family, 368 in multi-unit buildings)20152016: 355 units (126 single-family, 229 in multi-unit buildings)2017: 428 units (93 single-family, 335 in multi-unit buildings)2018: 125 units (74 single-family, 51 in multi-unit buildings)2019: 128 units (70 single-family, 58 in multi-unit buildings)2020: 110 units (100 single-family, 10 in multi-unit buildings)20202021: 210 units (174 single-family, 36 in multi-unit buildings)2022: 191 units (141 single-family, 50 in multi-unit buildings)2023: 192 units (156 single-family, 36 in multi-unit buildings)2024: 140 units (126 single-family, 14 in multi-unit buildings)2025: 211 units (131 single-family, 80 in multi-unit buildings)2025

Housing units authorised in Stillwater by year, 1995–2025single-family2+ unit buildings

8,239 units since 1995; the busiest year was 2004. Annual figures include units imputed for months a place did not report.

Home prices in Payne County

FHFA's index for Payne County rose +71.4% over the ten years to 2025 (+5.5% a year) and +5.7% in the latest year, against +71.1% and +2.6% for Oklahoma. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Stillwater, OK?

167 housing units were authorised by building permits in the 12 months to August 2026, against 191 in the previous 12 months.

What kind of housing is being permitted in Stillwater?

131 single-family units, 6 in two-unit buildings, 19 in three- and four-unit buildings and 11 in buildings of five or more units.

How does Stillwater compare with its county and state?

3.3 units per 1,000 residents in Stillwater, 2.1 in Payne County and 3.6 in Oklahoma.

How have home prices moved in Payne County?

FHFA's index for Payne County rose +71.4% over the ten years to 2025 and +5.7% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 599000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.