36078, Tallassee, AL

Home Equity and Home Prices in the 36078 Zip Code of Tallassee, AL

The 36078 zip code of Tallassee, AL has a median home value of $126,000. This is higher than the Alabama state median home value of $101,500. The 36078 zip code also has a median home equity value of $100,000. This is higher than the Alabama state median home equity value of $86,700.

There are a number of factors that contribute to the high values in the 36078 zip code. First, there is a high concentration of wealthy residents in this area. Second, there are many well-maintained homes in this area which have been kept up over time. Third, there is a low rate of foreclosure activity in this area which keeps prices high.

Despite these high values, not all homes in the 36078 zip code are worth as much as others. There are a number of reasons for this including old age or damage that was not covered by insurance. Additionally, some homes may be located in less desirable areas which lowers their market value.

Overall, homeownership rates and home equity values are both highest in the 36078 zip code compared to other parts of Alabama. This suggests that those who live here have more stability and security when it comes to their finances than those who live elsewhere in the state.