53820, Potosi, WI

Home Equity in Potosi, WI

In the Potosi zip code 53820, there are an estimated 1,814 homes with a value of $200,000 or more. This equates to a home equity rate of 11.5%. In comparison, the national average for home equity rates is 10.4%. The highest home equity rate in the Potosi zip code is found in the 53824 zip code with a rate of 12.1%. The lowest home equity rate is found in the 53801 zip code with a rate of 8.7%.

The average amount of home equity per household in the Potosi zip code is $236,000. This amounts to an average net worth per household of $2 million. The top 20% of households have an average net worth of over $3 million while the bottom 20% have an average net worth of under $100,000.

Home Prices in Potosi, WI

The median price for homes sold in the Potosi zip code during 2018 was $129,900. This represents a decrease from 2017 when the median price was $135,500. The highest price recorded during 2018 was $165,000 and the lowest price recorded was $105,000.

During 2019 so far (through August), there has been one sale recorded at a median price of $128K which marks a slight decrease from last year’s pace where there were six sales at median prices over 150K