28147, Salisbury, NC

The 28147 zip code of Salisbury, North Carolina is located in the southeastern part of the state and has a population of around 36,000 people. The median household income in this zip code is around $60,000 and the median home value is around $160,000. In terms of home equity, over half (54%) of households in this zip code have at least some equity in their homes. This percentage is much higher than the national average (around 33%).

One reason why homeownership rates are high in this zip code is because there are a lot of affordable homes available. The average price for a home in this area is just under $130,000 which makes it very affordable for most people. Additionally, there are a lot of incentives available to help buyers purchase homes here including low interest rates and generous tax breaks.

Despite these factors, there has been an increase in home prices over the past few years. The average home value has increased by almost 10% since 2013 which indicates that there is still plenty of room for growth in this market. It's likely that prices will continue to rise as more people become interested in purchasing or investing in homes here.