74403, Muskogee, OK

The Muskogee, OK 74403 zip code has a population of around 106,000 people and is located in the southeastern part of the state. The median home value in this zip code is $128,900 which is about average for Oklahoma. The home equity percentage in this zip code is around 66% which is lower than the national average of around 80%. This indicates that there are more homes that are worth less than their mortgages than homes that are worth more than their mortgages.

There are a few reasons why the home equity percentage might be lower in this zip code. One reason could be that there are a lot of homes that were built before 2007 and have since lost value due to the housing market crash. Another reason could be that many people in this zip code have high student loan debt which can limit their ability to take on larger mortgage loans.

Despite these factors, it's still important to keep in mind that Muskogee, OK 74403 has a median home value of $128,900 which means that most homeowners here have enough equity in their homes to cover any potential losses if they were to lose their jobs or experience other financial setbacks. Additionally, Muskogee, OK 74403 homeownership rates are above the national average so it's likely that there are plenty of people who would be interested in buying or refinancing a home here if they had the opportunity.