74652, Shidler, OK

The 74652 zip code of Shidler, OK is located in the Tulsa metropolitan area. The median home value in this zip code is $101,000. Home values have increased by an average of 9% over the past five years. In addition, the percentage of homes that are owner-occupied has increased from 66% to 71%. This indicates that there is a demand for housing in this area.

One reason for the increase in home values is the low unemployment rate in this area. The unemployment rate was 3.5% as of December 2016, which is lower than the national average of 4%. Additionally, Shidler has a high level of education attainment with over 60% of adults having at least a bachelor's degree. This indicates that there are many people who are able and willing to purchase homes.

Another factor contributing to the increase in home values is inflationary pressure. The Consumer Price Index (CPI) has been increasing by an average of 2% each year since 2013. This means that even if interest rates remained unchanged, prices would continue to rise due to inflationary pressures.

There are several factors that could cause prices to decrease in Shidler including a decrease in demand for housing or an increase in interest rates. However, based on current trends it seems likely that prices will continue to rise and reach their peak before declining again later on down the line