73551, Hollister, OK

The 73551 zip code of Hollister, Oklahoma has a median home value of $127,000 and a median home equity value of $101,000. These values are significantly lower than the statewide median home value of $177,500 and statewide median home equity value of $146,700. The Hollister area is also experiencing a significant decrease in home values relative to the statewide trend.

There are several factors that may be contributing to the decline in Hollister area home values. One potential factor is the recent recession which has negatively impacted both the economy and housing market nationwide. Another potential factor is that Hollister area homes are generally older and may not be as well maintained as newer homes. Finally, there is limited available land in the Hollister area which may limit future growth opportunities for homeownership.