27890, Weldon, NC

The 27890 zip code of Weldon, NC has a median home value of $128,000 and a median home equity of $141,000. This is significantly higher than the national median home value of $123,500 and the national median home equity of $130,000. The reasons for this are likely due to the high concentration of wealthy families in this zip code and the low number of homes for sale.

In addition to having a high median home value and equity, Weldon also has a high rate of homeownership. As of 2016, 78% of households in this zip code were owner-occupied compared to the national average rate of 63%. This high rate likely contributes to the high median home values and equity in this area.

While there are many benefits to owning your own home in Weldon, there are also some risks associated with it. For example, if you have a low credit score or no credit history at all, you may find it difficult to get approved for a mortgage in this area. Additionally, if you're not comfortable with managing your own finances or if you experience financial difficulties down the road, owning your own home could be difficult or even impossible.