73728, Cherokee, OK

The 73728 zip code of Cherokee, OK has a population of around 9,000 people. The median household income in this zip code is $53,000 and the median home value is $135,000. In this zip code, there are around 1,500 homes that are currently for sale.

The average home price in the 73728 zip code has increased by 5% over the past year. This is likely due to the low interest rates and increasing demand for housing in this area. Over the past five years, the average home price in this zip code has increased by 18%.

There are a number of factors that contribute to home prices rising in a given area. Increased demand from buyers and investors is one factor; another is an increase in construction activity (due to new development or upgrades to existing homes). Changes in local economic conditions can also affect prices – for example, if there is an increase in jobs or wages nearby, that will tend to drive up prices too.