The housing market in 74743 Hugo, OK is experiencing strong appreciation. According to recent data, the median value of a house in this zip code is $108,800, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation in 74743 Hugo is 13.34%, more than 5 percentage points higher than the US average rate of 8.27%. This indicates that real estate values are rising rapidly and should be considered by potential buyers or investors looking for a good return on their investment in the near future.
The median home cost in Hugo (zip 74743) is $108,800. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Hugo (zip 74743) is up 14.5%.
Average Age of Homes
- The median age of Hugo (zip 74743) real estate is 36 years old
The Rental Market in Hugo (zip 74743)
- Renters make up 30.3% of the Hugo (zip 74743) population
- 2.2% of houses and apartments in Hugo (zip 74743), 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.