26366, Haywood, WV

The 26366 zip code of Haywood, WV is located in the Appalachian Mountains and has a population of just over 10,000. The median home value in this zip code is $128,900 and the median home equity is $101,700. This means that approximately 58% of homes in this zip code are worth more than their original purchase price. Additionally, the average home value growth rate for this zip code between 2013 and 2017 was 5%. This indicates that there is a lot of potential for homeownership in this area and that prices are likely to continue to rise.

One reason why home values have been rising so rapidly in the 26366 zip code is because there are a lot of opportunities for homeownership here. For example, Haywood has excellent schools and infrastructure, which makes it an attractive place to live. Additionally, the area is growing rapidly due to new businesses and developments being built here. This means that there will be more people moving into this zip code over time, which will drive up prices even further.

Another factor contributing to the high home values in the 26366 zip code are low interest rates. Right now, interest rates are very low overall due to concerns about inflationary pressures from abroad; however, interest rates for mortgages are still relatively low because banks want to make sure they can still get loans from consumers who might not be able to get loans at higher interest rates. As long as mortgage rates stay low, homeownership opportunities will continue to be very strong in this area.