28137, Richfield, NC

Home Equity and Home Prices in the 28137 Zip Code of Richfield, NC

The home equity and home prices in the zip code of 28137 of Richfield, North Carolina are reflective of the overall market conditions in this area. Over the past year or so, there has been a general trend across most markets where home values have increased moderately. In some cases, values have increased more than others; however, on average prices have gone up by around 2%. This is not to say that all homes within this zip code are worth double what they were a year ago; but it does indicate that there is an overall increase in value for properties within this area.

One reason for this increase may be due to the fact that many people are now looking to purchase homes closer to major cities. This is especially true for younger couples who want to start their own families and want more space than what can typically be found in suburban areas. Additionally, many people who live in Richfield are now able to afford homes that were once considered out of their budget range. As long as there continues to be an increase in jobs and wages within the area, it is likely that home values will continue to rise moderately over time.

If you are thinking about purchasing a property within the zip code of 28137, it would behoove you to do your research first and make sure that you understand what kind of market conditions currently exist here. You should also consult with a real estate agent who can give you an estimate as to how much your property might be worth right now and how much it could potentially go up by over time if current trends continue unchanged.