Zip 74062 (Ripley, OK) Housing

In Ripley, OK (74062), the median value of housing is $138,500. This is significantly lower than the US House Median Value of $338,100. Despite this lower median value, housing in the area has seen a much higher appreciation rate in the past year than the national average with an increase of 13.94% compared to the 8.27% national increase in house values over the past year. The strong appreciation rate may be due to low home prices and an opportunity for investment.

The median home cost in Ripley (zip 74062) is $138,500. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Ripley (zip 74062) is up 17.0%.

Average Age of Homes

- The median age of Ripley (zip 74062) real estate is 41 years old

The Rental Market in Ripley (zip 74062)

- Renters make up 19.1% of the Ripley (zip 74062) population
- 1.2% of houses and apartments in Ripley (zip 74062), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ripley, Oklahoma	United States
	410.0	139,647,020.0
	41	42
	$138,500	$338,100
	17.0%	16.6%
	49.8%	57.0%
	70.8%	101.1%
	$9.47	$10.98
	$935	$2,690
	62.7%	57.4%
	18.0%	11.2%
	19.3%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	16.1%	4.1%
Value of Owner-Occupied Housing
	10.9%	2.6%
	7.0%	2.4%
	14.0%	2.8%
	5.1%	3.9%
	8.6%	4.5%
	16.0%	11.3%
	11.3%	13.0%
	19.5%	20.1%
	7.4%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	15.1%	13.6%
	20.5%	13.2%
	24.6%	14.8%
	15.1%	13.6%
	3.4%	10.0%
	2.7%	4.7%
	15.9%	12.2%

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