63382, Vandalia, MO

The home equity and home prices in the 63382 zip code of Vandalia, MO are quite high. According to Zillow, the median home value in this zip code is $137,200. This is a significantly higher median home value than the Missouri median home value of $106,500. Additionally, the percentage of homes in this zip code that are worth more than $200,000 is very high. This indicates that there are a lot of wealthy residents in this area.

One reason for the high home values in this zip code may be its location. The 63382 zip code is located in southwestern Missouri near the Arkansas border. It has a population of about 17,000 people and is considered to be an affluent area. Additionally, Vandalia has been designated as a "STEM city" by Missouri State University and has many technology companies located there. These factors may contribute to the high home values in this area.

Another factor that may contribute to the high home values in this area is its lack of available land for development. The 63382 zip code is surrounded by farmland and there are not many developments nearby. This limits competition for homes and may lead to higher prices for homes here.