The housing market in 74030 Drumright, OK is thriving. The median value of homes in the area is currently $91,700, much lower than the U.S. median value of $338,100. However, the 1 year appreciation rate for houses in this area is 13.94%, higher than the national rate of 8.27%. This suggests that housing prices in Drumright are growing fast and may continue to rise over time. As such, this could be a great opportunity for potential buyers or investors looking to purchase real estate in the area.
The median home cost in Drumright (zip 74030) is $91,700. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Drumright (zip 74030) is up 17.0%.
Average Age of Homes
- The median age of Drumright (zip 74030) real estate is 44 years old
The Rental Market in Drumright (zip 74030)
- Renters make up 25.9% of the Drumright (zip 74030) population
- 2.8% of houses and apartments in Drumright (zip 74030), 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.