74848, Holdenville, OK

The Holdenville, OK 74848 zip code has a population of around 9,000 people. The median household income in the zip code is $39,000 and the median home value is $128,500.

There has been a recent trend of home values increasing in the Holdenville area. In 2006, the median home value was $92,500. By 2016, the median home value had increased to $128,500. This increase in home values can be attributed to several factors including an increase in population and an increase in demand for homes due to low interest rates and low unemployment rates.

Home equity is important for many homeowners because it allows them to use their homes as collateral for loans or to purchase other investments such as stocks or bonds. Home equity can also be used to pay off debt or save for retirement.

The 74848 zip code has a relatively high rate of home ownership compared to other areas of Oklahoma. In 2016, 69% of households in the zip code were owner-occupied compared to the state average of 63%. This high rate of homeownership may be attributable to the low interest rates and stable economy that have been present in Holdenville over the past few years.