20714, North Beach, MD

When people think of home equity, they typically think of the value of their home minus any outstanding mortgages or other debts. But what about the prices of homes in a particular zip code?

According to Zillow, the median home value in North Beach, MD is $812,000. This means that half of all homes in this zip code are worth more than $800,000. And while this number may not seem too high when compared to some other areas around the country, it's actually quite high when you consider that North Beach is located in Maryland rather than say, California or Florida.

So why are prices in North Beach so high? There are a few reasons: first and foremost, there is a lot of demand for homes in this area due to its proximity to both Baltimore and Washington D.C.; secondly, North Beach has been designated as a "high-income" area by the Census Bureau which means that there is a higher concentration of wealthy residents; and finally, North Beach has seen very little development over the past few years which has kept prices relatively stable (compared to say for instance areas near Baltimore's Inner Harbor which have seen an influx of new residents and businesses).

Overall then, it seems safe to say that home values in North Beach are pretty high and likely will continue to be so for at least another few years. If you're looking to buy or sell a home in this area be sure to consult with an experienced real estate agent who can help you get the best deal possible!