22963, Palmyra, VA

Home Equity and Home Prices in the 22963 Zip Code of Palmyra, VA

The 22963 zip code of Palmyra, VA has a median home value of $174,900 and a median home equity value of $119,000. These values are above the national median home value of $161,500 and median home equity value of $100,000. The 22963 zip code is also above the Virginia statewide median home value of $147,200 and median home equity value of $101,700.

There are a number of factors that may contribute to the high values in the 22963 zip code. Some potential reasons include:

-The presence of affluent residents who may be able to afford higher prices than average;

-A low rate of foreclosure activity in this area;

-High levels of education and income among residents;

-Low levels of unemployment;

-Low levels of crime;

-A strong economy overall.