22642, Linden, VA

The 22642 zip code of Linden, VA has a median home value of $213,000. This is lower than the national median home value of $217,500. The 22642 zip code also has a lower than average percentage of homeowners with a mortgage at 66%. This is higher than the national mortgage percentage of 63%. The 22642 zip code has a higher percentage of homeowners with equity in their homes at 88%. This is lower than the national equity percentage of 95%.

There are several factors that could contribute to these differences in home values and mortgage rates in the 22642 zip code. One potential explanation could be that there are fewer expensive homes available for sale in the 22642 zip code compared to other areas of the country. Another possibility could be that there are more people living in poverty or near poverty in the 22642 zip code compared to other areas. It is also possible that there are fewer high-value jobs available in the 22642 zip code compared to other areas.

Despite these differences, it is still important to keep in mind that home values and mortgage rates can vary greatly from one area to another. If you are considering buying or selling a home, it is always important to consult with an experienced real estate agent who can provide you with accurate information about current market conditions and trends specific to your area.