27896, Wilson, NC

Wilson, NC is located in the 27896 zip code. The median home value in this zip code is $148,000. Home equity in this zip code has increased by 10% over the past year. The average home price in Wilson, NC has increased by 5%.

The average household income in Wilson, NC is $75,000. This means that the majority of households in this zip code are able to afford a home equity loan or mortgage.

There are a number of factors that have contributed to the increase in home equity values in Wilson, NC. One reason is that the unemployment rate has decreased over the past year from 7% to 5%. This decrease has led to an increase in wages and salaries which have been able to support higher prices for homes.

Another factor contributing to the increase in home values is that there are a limited number of homes available for sale within Wilson, NC. This means that there are more buyers competing for these homes and therefore prices are going up faster than they would if there were more available homes for sale.

Overall, it appears that home equity values have increased significantly over the past year within Wilson, NC and this trend seems likely to continue into 2020. If you are looking to buy a home within this zip code or if you are considering refinancing your current mortgage or loan, it may be worth your while to do some research into current market conditions before making any decisions