The housing market in 73151 Oklahoma City, OK is significantly above the United States average. According to the given data, the median value of a house in 73151 is $559,500, which is well over the US median of $338,100. The one year appreciation rate for houses in 73151 is 11.7%, significantly higher than the 8.27% nationwide average, indicating that this market is strong and appreciated more quickly than other parts of the country. It is likely that this trend will continue into the future, making Oklahoma City an attractive market for those looking to buy or invest in real estate.
The median home cost in Oklahoma City (zip 73151) is $559,500. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Oklahoma City (zip 73151) is up 13.0%.
Average Age of Homes
- The median age of Oklahoma City (zip 73151) real estate is 16 years old
The Rental Market in Oklahoma City (zip 73151)
- Renters make up 1.7% of the Oklahoma City (zip 73151) population
- 2.9% of houses and apartments in Oklahoma City (zip 73151), 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.