02601, Hyannis, MA

The 2601 zip code of Hyannis, MA has a median home value of $269,000 and a median home equity of $138,000. This is significantly higher than the Massachusetts state median home value of $172,500 and the national median home value of $177,200. The 2601 zip code also has a high percentage of homeowners with a mortgage (77%) and a low percentage of homeowners with no mortgage (15%). These factors contribute to the high median home equity in this zip code.

The 2601 zip code has seen an increase in both home values and home equity over the past five years. In 2013, the median home value was $242,000 and the median home equity was $123,000. Over the past two years alone (2015-2016), the average annual growth rate for both homes values andhome equity was 10%. This indicates that there is strong demand for housing in this area and that people are able to afford to buy or build homes at record levels.

While there is certainly demand for housing in this area, it's important to keep in mind that not everyone can afford to live here. The high percentage of homeowners with a mortgage indicates that many people are able to borrow money against their homes to finance their purchase or construction costs. However, if you're not able to qualify for a mortgage or if your credit score isn't very good, you may not be able to buy or build a house in this area.