The housing market in 73840 Fargo, OK is in a very strong position compared to the median housing value in the US. The median value of housing in Fargo, OK is $117,500 which is significantly lower than the US median value of $338,100. Additionally, the 1 year appreciation rate for homes in Fargo, OK is 13.34%, which is higher than the US average of 8.27%. This suggests that home values are increasing rapidly in this area and may be an attractive option for those looking to invest or purchase a home.
The median home cost in Fargo (zip 73840) is $117,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Fargo (zip 73840) is up 14.5%.
Average Age of Homes
- The median age of Fargo (zip 73840) real estate is 44 years old
The Rental Market in Fargo (zip 73840)
- Renters make up 23.4% of the Fargo (zip 73840) population
- 6.3% of houses and apartments in Fargo (zip 73840), 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.