02559, Pocasset, MA

Home Equity and Home Prices in the 2559 Zip Code of Pocasset, MA

The home equity and home prices in the 2559 zip code of Pocasset, MA are very high. The median home value is $1,814,000 and the median home equity is $269,000. This means that nearly half of all homes in this zip code have a higher value than what is owed on the mortgage. Additionally, there are a number of homes in this zip code that are worth more than twice what is owed on the mortgage. This indicates that there are a lot of people who feel confident about their ability to pay off their mortgages.

Despite these high values, it's important to keep in mind that not everyone in this zip code can afford to buy a house at these prices. In fact, only about one-third of households can afford to buy a house at these prices without taking out a loan or selling something else (like their car). So while it may be tempting for some people to buy a house in this zip code, it's important to remember that not everyone can do so.