05492, Waterville, VT

The Waterville, VT 5492 zip code has a median home value of $161,000 and a median home equity of $87,500. This is significantly lower than the Vermont median home value of $269,900 and the national median home equity of $181,200. The Waterville 5492 zip code has a lower home value than all but one Vermont zip code (5491) and is below the national average by nearly 20%.

There are several factors that may contribute to the low home values in the Waterville 5492 zip code. First, Waterville is located in an economically depressed region of Vermont. Second, there are relatively few homes for sale in this zip code compared to other areas of Vermont. Finally, many homeowners in this area have taken out high-interest loans to purchase their homes, which may have reduced their equity levels.

Despite these factors, there are some homeowners in the Waterville 5492 zip code who are doing well financially. Those who own their homes free and clear or who have purchased them at a discount may be doing well overall. However, those who have taken out high-interest loans or who owe more on their homes than their homes are worth may be struggling financially.