74133, Tulsa, OK

The 74133 zip code of Tulsa, OK is located in the northeastern corner of the city. The area has a population of about 210,000 and an average household income of around $60,000. Home prices in the 74133 zip code have been increasing steadily over the past few years. In March 2016, the median home price was $128,500. As of September 2017, the median home price was $142,500.

There are a number of factors contributing to this increase in home prices in the 74133 zip code. One reason is that there is a large demand for housing in Tulsa due to its growing population and economy. Additionally, many homes in this area were built before 2000 and have not seen significant depreciation since then. Finally, there is relatively low interest rates currently making it easier for people to borrow money to buy homes.

Despite these positive factors, there are some potential risks associated with increased home prices in Tulsa. For example, if economic conditions change and people start losing jobs or their incomes decrease, they may be less able to afford their homes or pay their mortgages on time. Additionally, if interest rates rise significantly from their current levels (which is possible), homeowners who have taken out high-interest loans may find themselves struggling to repay them.