27976, South Mills, NC

Home equity is the difference between what a homeowner owes on their home and the value of their home. Home prices are the price at which homes are sold in a given area.

In South Mills, NC, home equity and home prices have both been on the rise for quite some time now. In fact, according to Zillow, as of February 2019, the median home value in this zip code was $219,000. This is up from $208,000 as of December 2018 and $205,000 as of February 2018.

This increase can likely be attributed to several factors. First and foremost is that South Mills has seen an influx of new residents over the past few years – which means that there are more potential buyers out there looking to purchase homes. Additionally, South Mills has seen steady job growth over the past few years – meaning that people who were already living in this area have had more money to put down on homes and have seen their property values go up accordingly. Finally, South Mills is located in a desirable area – meaning that there are plenty of people who are willing to pay high prices for properties in this area.

All things considered, it seems safe to say that home equity and home prices in South Mills continue to rise steadily – which could mean good news for homeowners here in the future!