The housing market in 73540 Faxon, OK is strong with a median value of $173,300. This is substantially lower than the US House Median Value of $338,100. The US House Appreciation over the past year has been 8.27% while the appreciation for houses in 73540 Faxon, OK over the same time period has been 9.28%. This shows that homes in this area have held their value well and are increasing in value at a slightly faster rate than other parts of the country, making them a good investment option for potential buyers.
The median home cost in Faxon (zip 73540) is $173,300. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Faxon (zip 73540) is up 17.8%.
Average Age of Homes
- The median age of Faxon (zip 73540) real estate is 37 years old
The Rental Market in Faxon (zip 73540)
- Renters make up 27.0% of the Faxon (zip 73540) population
- 0.0% of houses and apartments in Faxon (zip 73540), 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.