27332, Sanford, NC

The 27332 zip code of Sanford, North Carolina is home to a population of around 30,000 people. The median household income in the zip code is $51,898, and the median home value is $174,900. Home equity in the zip code has grown significantly over the past few years. In 2013, the average home equity in this zip code was $122,000. By 2017, that number had increased to $158,000. This growth can likely be attributed to several factors:

1) The increasing demand for housing in Sanford

2) The low interest rates available on mortgages

3) The increasing value of homes

4) The strong economy overall

While these factors are certainly contributing to the increase in home equity values in this zip code, there are also some risks associated with this trend. For example, if interest rates rise or the economy takes a downturn then homeowners may find themselves struggling to pay off their mortgages. Additionally, if prices for homes decrease then homeowners may find themselves losing money on their investments. It is important for homeowners to stay aware of these risks and make sure that they are prepared for any eventuality.