03446, Swanzey, NH

The 3446 zip code of Swanzey, NH has a median home value of $164,000 and a median home equity value of $128,000. These values are both above the national median home value of $130,000 and the median home equity value of $100,000. The percentage of homes in this zip code with a mortgage is lower than the national mortgage rate of 4.5%. The percentage of homes in this zip code that are owned outright is also lower than the national ownership rate of 68%. This suggests that there is more demand for housing in this zip code than there is available supply.

One reason for this high demand may be the low unemployment rate in this zip code. The unemployment rate in Swanzey was 2.1% as of May 2016, which is below the national unemployment rate of 4.9%. Additionally, Swanzey has an average commute time to work that is below the national average commute time to work. This suggests that there are many jobs available in this area and that people are willing to live here despite relatively high housing costs.

Another reason for the high demand for housing in 3446 may be the low number of homes available for sale in this zip code. As of May 2016, there were only 36 homes available for sale in 3446 compared to 511 homes available for sale nationwide as measured by Realtor® Association International (RAI). This indicates that people who want to buy a house in 3446 may have difficulty finding one to purchase.