73072, Norman, OK

The home equity and home prices in the 73072 zip code of Norman, OK are very high. In fact, according to Zillow, the median home value in this zip code is $269,000. This is a far cry from the median home value of $107,500 that is found throughout most of Oklahoma.

One reason for this high median home value in the 73072 zip code of Norman, OK may be due to its proximity to Tulsa and Oklahoma City. These two major cities have a large number of people who are able to afford homes that are worth more than $269,000. Additionally, there is a lot of investment money flowing into this area because of the strong economy that has been present in recent years. This has caused housing prices to go up significantly in this area.

Another reason why the home equity and home prices in the 73072 zip code of Norman, OK are so high may be due to its low unemployment rate. The unemployment rate in this area is only 3%. This means that there is a lot of demand for homes here and investors are willing to pay top dollar for them.