The housing situation in 74604 Ponca City, OK is quite impressive. The median value of a house in this area is $189,500, which is much lower than the US House Median Value of $338,100. Despite this discrepancy in value, the one year appreciation rate of houses in the area is actually higher than the national average; 13.34% compared to 8.27%. This suggests that the demand for housing in 74604 Ponca City is quite high and that there are good opportunities for investment here.
The median home cost in Ponca City (zip 74604) is $189,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Ponca City (zip 74604) is up 14.5%.
Average Age of Homes
- The median age of Ponca City (zip 74604) real estate is 41 years old
The Rental Market in Ponca City (zip 74604)
- Renters make up 15.6% of the Ponca City (zip 74604) population
- 2.0% of houses and apartments in Ponca City (zip 74604), 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.