35615, Belle Mina, AL

Belle Mina is a small town located in the 35615 zip code of Alabama. The median home value in this zip code is $137,000, and the median home equity is $101,000. This means that Belle Mina has a lower home equity than the national average of $123,000. Additionally, Belle Mina's home prices have decreased by 2% over the past year.

The main reason for these decreases may be due to low interest rates and stricter lending standards from banks. In addition, there has been an increase in foreclosures in this area which could also be contributing to the decrease in home values. However, it is still possible for Belle Mina residents to obtain mortgages with good credit and stable incomes.

Overall, Belle Mina residents are doing well when it comes to their homes and equity. However, there are still some areas where homeownership may be more affordable or desirable than renting.