74829, Boley, OK

The Boley, OK 74829 zip code has a population of approximately 2,000 people. The median household income in the Boley, OK 74829 zip code is $41,500. The median home value in the Boley, OK 74829 zip code is $119,500.

There has been a steady increase in home equity and home prices over the past several years in the Boley, OK 74829 zip code. In 2008, the median home value was $107,000. By 2016, the median home value had increased to $119,500. This trend is likely to continue as more and more people are able to afford homes in this area.

One reason for this increase in home values is that there are relatively few homes available for sale in the Boley, OK 74829 zip code. In 2008 there were only 107 homes for sale in the Boley area. By 2016 that number had decreased to only 58 homes for sale. This means that there are a lot of buyers who are able to purchase homes at high prices because there are not many options available to them.

Another reason for this increase in home values is that interest rates have remained low over the past few years. This has made it easier for people to borrow money and buy a home than it would have been several years ago when interest rates were higher.