74881, Wellston, OK

The Wellston, OK home equity and home prices data in this essay is based on the most recent data available from the National Association of Realtors (NAR) as of February 2019. The NAR reports that the median home value in the 74881 zip code is $128,900. This means that there are approximately 68 homes in this zip code with a median home value of $128,900.

Looking at the homeownership rate for Wellston, OK, it appears that approximately 97% of homes in this zip code are owned by individuals. This indicates that there is a high demand for housing in this area and that people are willing to pay a premium for properties located here. In addition, it seems that many people who live in Wellston own their homes outright which indicates that they have enough money saved up to cover the cost of buying a home outright.

When it comes to mortgage rates in Wellston, OK, it appears that they are relatively low when compared to other areas throughout Oklahoma. As of February 2019, mortgage rates were hovering around 4%. This means that if you were looking to purchase a property in Wellston using a traditional loan product such as a mortgage or loan modification, you would likely be able to find an affordable option available to you.