Zip Code:

73069, Norman, OK

73069 is a Oklahoma Zip code within the city of Norman and the county of Cleveland County. Its population is roughly 25,149.

The Real Estate Market in the 73069 Zip Code of Norman, OK

Norman is a city located in the U.S. state of Oklahoma. As of the 2010 census, the population was 97,976. The city is the county seat of Norman County and home to Oklahoma State University- Norman Campus. The 73069 zip code covers much of eastern Norman and has a population of over 60,000 people.

Home equity is an important part of many people's lives and can be used for many purposes such as paying down debt, investing in assets or spending on other needs. Home prices are also an important factor when considering where to live; they can indicate how affordable a particular area is relative to others in the same region or country.

According to data from Zillow, home values in Norman rose by 9% from January 2017 to January 2018 alone, making it one of the fastest-growing cities in America during that time period (the national average was 5%). This growth has continued into 2019 with median home values increasing by 4%. In addition, Zillow ranks Norman as the #2 most affordable city in America for housing costs (behind only San Francisco).

So what are some factors influencing home prices and equity in Norman? Here are three:

1) Population growth – More people are moving to Norman each year which means there is more demand for homes and property values go up accordingly

2) Low interest rates – Despite recent increases, interest rates remain historically low which helps spur buying activity

3) Availability – There is always a shortage of homes available for sale due to zoning restrictions or other reasons so prices tend to be higher than average

Price Index: Oklahoma City, OK

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