74873, Tecumseh, OK

The home equity and home prices in the 74873 zip code of Tecumseh, OK are reflective of the overall market conditions in the area. Over the past year, home values have increased by 2.5%, which is slightly below the national average of 3%. However, over the past five years, home values have increased by an average of 8.8%. This indicates that there is a strong demand for homes in this area and that buyers are feeling confident about their investment prospects.

One reason why home values have been increasing steadily over the past few years is because there is a high demand for housing in Tecumseh. The population of this zip code has grown by 5% over the past five years, which is much faster than the national average growth rate of 1%. This indicates that there are plenty of potential buyers who want to live in this area and invest in property. In addition, Tecumseh has many amenities that make it a desirable place to live such as excellent schools and a low crime rate. Therefore, even if you cannot afford to buy a house right now, you can be sure that prices will continue to increase in the future as more people enter into the market and demand increases accordingly.