The housing market in Oklahoma City, OK (73114) is extremely strong. The median value of a house in the area is $130,200, which is significantly lower than the US median value of $338,100. However, the appreciation for houses over the past year is 11.70%, which actually surpasses the US 1-year house appreciation rate of 8.27%. This indicates that housing prices in 73114 are increasing at an even faster rate than the national average and makes it an attractive place to invest in real estate.
The median home cost in Oklahoma City (zip 73114) is $130,200. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Oklahoma City (zip 73114) is up 13.0%.
Average Age of Homes
- The median age of Oklahoma City (zip 73114) real estate is 44 years old
The Rental Market in Oklahoma City (zip 73114)
- Renters make up 50.1% of the Oklahoma City (zip 73114) population
- 6.3% of houses and apartments in Oklahoma City (zip 73114), 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.