27832, Gaston, NC

The 27832 zip code of Gaston, North Carolina has a population of around 107,000 people. Home prices in this zip code have been increasing at a rate of about 6% per year over the past five years. This means that the median home price in this zip code is currently around $169,000.

Home equity is important to many people because it represents the value of your home. In Gaston, NC, the average home equity value is around $137,000. This means that homeowners in this zip code have about 67% of their original purchase price left on their homes.

This high level of home equity is likely due to the strong economy and low interest rates in Gaston. Over the past five years, mortgage rates have only gone up by about 0.25%. This has allowed homeowners to refinance their homes at lower interest rates and use that money to buy additional property or invest in other assets.

Overall, home prices and home equity values are continuing to rise in Gaston, NC which is good news for homeowners and investors alike.