73771, Wakita, OK

Home Equity and Home Prices in the 73771 Zip Code of Wakita, OK

The 73771 zip code of Wakita, Oklahoma has a population of just over 4,000 people. The median household income in this zip code is just over $50,000. This means that the majority of households in this zip code are able to afford to purchase a home. In fact, according to Zillow’s Home Value Index, the median home value in this zip code is $136,600. This means that there is a good amount of equity available for homeowners in the 73771 zip code.

However, despite the availability of equity, it’s important to remember that home prices can still change over time. For example, according to Zillow’s Home Value Index data from January 2018 (the most recent data available), the average home value in the 73771 zip code has increased by 2%. This means that even though homeowners may have some equity in their homes, they may not be able to enjoy full market appreciation if they wait too long to sell their homes.