74434, Fort Gibson, OK

The home equity and home prices in the 74434 zip code of Fort Gibson, OK are very high. In fact, according to Zillow, the median home value in this zip code is $187,500. This is significantly higher than the national median home value of $161,600. The high home values in this zip code may be due to a number of factors including the strong economy and low unemployment rate in Oklahoma. Additionally, Fort Gibson is located in one of the most desirable areas of Oklahoma with plenty of amenities and access to excellent schools.

Despite the high home values, there are still a number of homeowners who are able to get mortgages for their homes. According to mortgage company Freddie Mac, the average mortgage rate for homes in this zip code is 4.02%. This means that many homeowners are able to get mortgages that allow them to pay off their homes over time while still having enough money left over each month to cover their expenses. Additionally, because there are so many homeowners who can get mortgages in this zip code, there is competition among lenders for these loans which keeps rates low.

Overall, it appears that homeownership rates and home values in the 74434 zip code of Fort Gibson are both high which may be contributing factors why this area has seen such strong economic growth over recent years.