The housing market in 73117 Oklahoma City, OK is quite healthy compared to the national average. The median value of homes in this area is $104,700 while the US house median value stands at $338,100. This indicates that the housing prices in 73117 Oklahoma City, OK are significantly lower than other parts of the country. Additionally, the appreciation rate for homes over the last year was 11.7%, which is higher than the US 1 year appreciation rate of 8.27%. This means that home values have increased significantly in this area and it presents an ideal time to consider purchasing a home in 73117 Oklahoma City, OK.
The median home cost in Oklahoma City (zip 73117) is $104,700. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Oklahoma City (zip 73117) is up 13.0%.
Average Age of Homes
- The median age of Oklahoma City (zip 73117) real estate is 59 years old
The Rental Market in Oklahoma City (zip 73117)
- Renters make up 50.9% of the Oklahoma City (zip 73117) population
- 0.2% of houses and apartments in Oklahoma City (zip 73117), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.