74137, Tulsa, OK

Tulsa, Oklahoma is a city of over half a million people located in the southeastern corner of Oklahoma. The 74137 zip code covers much of Tulsa and includes neighborhoods such as Bixby, Jenks, Muskogee, and Jenks Hills. Home values in the 74137 zip code have increased significantly in recent years, with median home prices reaching $148,000 as of February 2018. This represents a more than 50% increase from the $87,000 median home value recorded in 2013.

The reasons for this increase are complex and multi-faceted, but some key factors include strong job growth in Tulsa and surrounding areas; low interest rates; and limited supply of homes for sale compared to population growth. Additionally, many Tulsans have taken advantage of generous incentives offered by the state government to purchase or build homes – including tax breaks and reduced borrowing costs – which has helped to drive prices up even further.

Despite these positive trends, there are still areas of the 74137 zip code where home values are lower than average. In particular, areas near downtown Tulsa (including Midtown) tend to be less expensive than other parts of town due to higher concentrations of jobs and amenities. Additionally, while demand for housing remains high overall in Tulsa – especially among families – there is still room for further price appreciation given the relatively low number of available homes on the market.