01270, Windsor, MA

The 1270 zip code of Windsor, MA is located in the western part of the city and has a population of about 26,000. The median household income in this zip code is $87,000 and the median home value is $370,000.

Home equity is a key component of homeownership and home prices. Home equity can be used to pay off debt or to purchase additional property or investments. In general, home prices are higher in areas with more available homes for sale and greater demand from buyers.

According to Zillow®, the average list price for homes in the 1270 zip code was $371,500 as of September 2017. This represents an increase of 6% over the previous year and a decrease of 2% over the previous month. The average days on market for properties in this zip code was 67 days as of September 2017. This indicates that there is strong demand for homes in this area.

As mentioned above, home equity can be used to pay off debt or to purchase additional property or investments. In general, mortgage rates are lower when borrowers have more available credit history and stronger credit scores. Therefore, it may make sense for some homeowners to use their home equity to finance larger purchases such as a new house or an investment property instead of taking out a smaller loan on their primary residence.