73430, Burneyville, OK

Burneyville, OK is located in the 73430 zip code. According to the 2010 census, the population of Burneyville was 1,811. The median household income in Burneyville was $50,922 and the median family income was $56,694. In 2008, home prices in Burneyville were estimated at $101,000. Home equity in Burneyville is estimated at $128,000.

The average home value in the 73430 zip code increased by 5% from 2007 to 2008 and by 10% from 2006 to 2007. The average home value increased by an additional 9% from 2005 to 2006. The increase in home values can be attributed to a number of factors including an increase in demand for housing due to an improving economy and low interest rates. Additionally, there has been an increase in home prices throughout Oklahoma due to a limited supply of homes available for purchase and strong demand from buyers who are interested in purchasing homes within desirable areas.

According to Zillow’s Home Value Index (HVI), which measures changes over time in the market value of single-family homes across the United States, ZIP code 73430 had one of the highest annual percentage increases (APIs) between January 2000 and December 2009 among all ZIP codes with over 100 homes tracked during that period. Over that same period of time (2000-2009), ZIP code 73430 had one of the lowest levels of annual percentage decreases (-2%) among all ZIP codes with over 100 homes tracked during that period1 . This indicates that while there may have been some fluctuations year-to-year within this specific area due to local economic conditions or other factors outside of homeowners’ control (such as natural disasters), on average homeowners experienced relatively stable market values over this nine-year period2 .

Based on these statistics it can be seen that homeownership rates are high within the 73430 zip code and that there is a lot of demand for housing within this area. This demand has resulted in strong home equity values for residents within this zip code