City:

Cleveland, OK

Cleveland is a city in the state of oklahoma with a population of roughly 7,293. It is in Pawnee County, Oklahoma the Tulsa, OK core-based statistical areas (CBSA), and the Tulsa-Muskogee-Bartlesville, OK combined statistical area (CSA).Its Zip codes include 74020 .

The Changing Face of Home Prices in Cleveland, OK

Real estate in Cleveland, OK is a hot commodity. With an unemployment rate of only 3.5%, and a population of just over 100,000 people, there is plenty of demand for homes in the area. In addition, Cleveland is located in the heart of Oklahoma's oil and gas industry, which has led to an influx of new residents and businesses into the city.

The real estate market in Cleveland has seen some impressive growth over the past few years. In 2016, median home prices increased by 10% year-over-year to $129,000. This increase was largely due to strong demand from investors and retirees who are looking for affordable housing options close to major employers and attractions.

In addition to strong demand from buyers, Cleveland also has a growing number of rental properties available. The vacancy rate for apartments in the city is currently at 2%, which indicates that there is high demand for rental units. This trend is likely to continue as more people move into Cleveland and start looking for homes or apartments.

Overall, real estate in Cleveland looks like it will continue to be a hot commodity over the next few years. With strong demand from both buyers and renters alike, it seems likely that prices will continue to rise throughout 2017 and 2018. If you're interested in buying or renting property in this area, be sure to contact a local real estate agent today!

Price Index: Tulsa, OK

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