73569, Terral, OK

Home Equity and Home Prices in the 73569 Zip Code of Terral, OK

The home equity and home prices in the 73569 zip code of Terral, OK are reflective of the overall market conditions in this area. Over the past year or so, there has been a general trend of increasing home values in most parts of the country. In fact, according to Zillow’s latest report on U.S. Home Values (ZH00), as of September 2018, the median home value across all 50 states was $247,500 – an increase from $223,000 just one year earlier! This trend is likely to continue over time as more people enter into and exit the housing market at different points in their lives.

In terms of home equity, homeownership rates have been slowly declining for many years now – especially for those under 35 years old. As a result, many homeowners who have owned their homes for a number of years may find that their total equity is lower than it once was. Conversely, some homeowners who have recently purchased their homes may find that their total equity is much higher than it once was due to strong market conditions over the past few years.

Overall though, it’s safe to say that there has been an increase in both home equity and home prices throughout most parts of America over recent years – which likely means good news for homeowners and potential buyers alike!