26035, Colliers, WV

The 26035 zip code of Colliers, WV is located in the Eastern Panhandle of West Virginia. The zip code has a population of just over 6,000 people and an average home value of $128,000. Home equity in the 26035 zip code has been on the rise for the past few years, with values increasing by an average of 7.5% annually. This trend is likely to continue as more and more people are able to afford homes in this area.

One reason for the increase in home equity is that there are a lot of families who have been able to get their finances in order since the recession ended. Many people were not able to keep up with their mortgage payments during the downturn, but have since been able to make those payments again thanks to strong job growth and increased income levels. Additionally, many homeowners have taken advantage of low interest rates by refinancing their mortgages or using HELOCs (home equity lines of credit).

Another factor contributing to the increase in home values is that Colliers is a growing community. The population has increased by about 10% over the past five years, which means that there are more homes available for sale than ever before. In addition, many new homes being built in Colliers are larger and more expensive than those currently available on the market, which drives up prices even further.

Overall, it seems clear that home equity values will continue to rise in the 26035 zip code over time as more people gain access to affordable financing and move into areas where housing is becoming increasingly scarce.