The housing market in Ponca City, OK (zip code 74601) is thriving. The median value of houses in the area is $83,800, significantly lower than the US median house value of $338,100. However, what Ponca City lacks in price it more than makes up for in appreciation. In the last year, house values have increased by 13.34%, outpacing the national average of 8.27%. This makes 74601 a great place to invest in real estate and start building equity quickly.
The median home cost in Ponca City (zip 74601) is $83,800. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Ponca City (zip 74601) is up 14.5%.
Average Age of Homes
- The median age of Ponca City (zip 74601) real estate is 61 years old
The Rental Market in Ponca City (zip 74601)
- Renters make up 30.9% of the Ponca City (zip 74601) population
- 3.8% of houses and apartments in Ponca City (zip 74601), 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.