74601, Ponca City, OK

Home Equity and Home Prices in the 74601 Zip Code of Ponca City, OK

Home equity is a measure of how much equity a homeowner has in their home. Home prices are the price at which homes are sold. The two can be different because home prices reflect the market conditions at that time, while home equity reflects what the homeowner owes on their mortgage.

According to Zillow, as of September 2017, the median home value in Ponca City was $128,900. This means that half of all homes in this zip code were worth more than this amount and half were worth less.

The table below shows how home values have changed over time in this zip code. You can see that since 2013, there has been a steady increase in home values. This is likely due to increased demand for housing and an overall healthy economy.

Year Median Home Value ($) 2013 $104,200 2014 $107,500 2015 $111,000 2016 $114,500 2017 $128,900