Zip Code:

73852, Mooreland, OK

73852 is a Oklahoma Zip code within the city of Mooreland and the county of Woodward County. Its population is roughly 2,193.

Mooreland, OK: A Case Study in Real Estate Trends

Mooreland, OK is located in Tulsa County and has a population of just over 10,000. The median household income in Mooreland is just under $50,000, which is lower than the national median of $53,046. Home prices in Mooreland have been on the rise for the past few years and as of February 2019 they were estimated to be worth around $183,000.

The main reason that home prices have been increasing in Mooreland is likely due to the low supply of homes available for sale. In addition, Mooreland has a relatively low unemployment rate (4.5%) and a high percentage of residents who are homeowners (85%). This combination likely contributes to higher demand for homes in the area.

Despite these positive factors, there are some potential risks that could impact home prices in Mooreland in the future. For example, if interest rates increase or if more people decide to buy homes in Mooreland because they believe prices will continue to rise, this could lead to a decrease in demand and subsequently lower home values. Additionally, if there is an economic downturn or another housing market crash nearby that affects Mooreland disproportionately (e.g., because more people live there), this could also lead to decreased home values.

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