27968, Rodanthe, NC

Home Equity and Home Prices in the 27968 Zip Code of Rodanthe, NC

Rodanthe is located in the 27968 zip code. According to Zillow, as of September 2018, the median home value in this zip code is $269,900. This is a decrease from the previous year when the median home value was $277,500. The decrease may be due to a number of factors including low interest rates and increasing prices throughout the country.

The average home equity in this zip code is $118,000. This means that homeowners have more than enough money to cover any unexpected expenses or repairs that may come up on their property. Additionally, homeowners can use their home equity to invest in other properties or businesses ventures.

There are a number of reasons why Rodanthe homeowners may want to increase their home equity. For example, if they are planning on selling their property soon they may want to make sure that they have enough money saved up for a down payment and closing costs. Additionally, many people use their home equity as an emergency fund so that they do not need to rely on credit cards or other forms of borrowing when an unexpected expense comes up.

Overall, Rodanthe homeowners are likely very happy with their current level of home equity and prices in this zip code."