38851, Houston, MS

The 38851 zip code of Houston, MS is home to a population of over 234,000 people. The median household income in this zip code is $60,000 and the median home value is $181,500. Home equity in this zip code has increased significantly over the past few years and now stands at around $130,000 on average. This increase in home equity can be attributed to several factors including an increase in the number of homes being sold and an increase in the amount of money that homeowners are able to borrow against their homes.

While there are many reasons why home equity has increased in the 38851 zip code of Houston, MS over the past few years, one important factor is that there has been an increase in the availability of mortgage loans. This has made it possible for more homeowners to purchase homes and use their home equity as a source of financing. In addition, rising prices have also helped to boost home equity values since homeowners who own homes worth more than their mortgages are able to sell them for a higher price than they paid for them.