The housing market in Broken Arrow, OK (74012) is an attractive area for potential homebuyers. The median value of housing in the area is $237,200, which is considerably lower than the US median of $338,100. In the last year, houses in Broken Arrow appreciated at a rate of 13.94%, which is higher than the national average of 8.27%. With its lower prices and higher appreciation rates, Broken Arrow offers buyers a great opportunity to invest in their future and build equity through homeownership.
The median home cost in Broken Arrow (zip 74012) is $237,200. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Broken Arrow (zip 74012) is up 17.0%.
Average Age of Homes
- The median age of Broken Arrow (zip 74012) real estate is 27 years old
The Rental Market in Broken Arrow (zip 74012)
- Renters make up 25.8% of the Broken Arrow (zip 74012) population
- 1.3% of houses and apartments in Broken Arrow (zip 74012), 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.