86445, Willow Beach, AZ

The 86445 zip code of Willow Beach, AZ has a median home value of $215,000. The home equity in this zip code is $100,000. This means that the average homeowner in this zip code has over $115,000 in equity in their home.

The average mortgage debt for homeowners in the 86445 zip code is $224,500. This means that the average homeowner in this zip code owes over 43% of their home's value on their mortgage.

The percentage of homeowners who have less than 20% of their mortgage balance outstanding is lower than the national average (29%). The percentage of homeowners who have less than 50% of their mortgage balance outstanding is also lower than the national average (51%).

There are a number of factors that may contribute to why homeowners in the 86445 zip code have more equity in their homes than most other Americans. These include low rates and relatively low levels of foreclosure activity within this area. Additionally, many homeowners here are likely to have taken advantage of government programs like FHA or VA loans which allow for lower down payments and shorter terms which can help increase your equity stake in your home.