97001, Antelope, OR

In the 97001 zip code of Antelope, OR, home equity and home prices are high. In this zip code, the median home value is $269,000 and the median home equity value is $141,000. This means that many homeowners in this zip code have a significant amount of equity in their homes. Additionally, because there are so many homeowners with a lot of equity in their homes, there is a lot of demand for homes in this zip code. As a result, the average sale price for homes in this zip code is above $300,000.

One reason why home values are high in the 97001 zip code of Antelope is that there are a lot of affluent residents living here. In fact, over half (52%) of all residents in this zip code have an income above $100,000 per year. Additionally, because so many people have a lot of money saved up from working hard over the years, they are very likely to be able to afford to buy a house even if they don't have any money down. This means that there is strong demand for homes in this zipcode and prices tend to go up as more people want to buy them.

Another reason why home values are high in the 97001 zip code of Antelope is that there is limited housing available here. In fact, only 6% of all housing units located within thiszipcode are vacant which means that demand for homes here is very high. Furthermore, because so few houses are available on the market here (and because they tend to sell quickly), prices for homes tend to be higher than they would be if more houses were available on the market at any given time.

Overall then,,home equity and home prices are highinthe 97001zipcodeof AntelopeORbecausetherearemanyhomeownerswithasignificantamountofequityintheirhomesandthereisstrongdemandforhomesintheziptocevenifmorehouseswereavailableonthelmarketatanygiventime