39345, Newton, MS

The 39345 zip code of Newton, MS is located in the southeastern part of the state and has a population of approximately 30,000. Home prices in this zip code have increased significantly over the past few years, reaching a median price of $160,000 in 2016. This increase is likely due to several factors including an influx of new residents and an increasing demand for housing in the area.

Home equity is important for many reasons. It can provide individuals with a cushion against unexpected financial challenges, help them pay off debt more quickly, and provide them with a source of retirement savings. Home equity also plays an important role in homeownership rates – those who have access to ample home equity are more likely to own their homes than those who do not. In addition, home prices are often a good indicator of economic conditions – when demand for housing is high, prices will rise accordingly.

While home prices in Newton are rising rapidly, there are still areas within the zip code that offer good value for buyers. The majority of homes in this area were built between 2000 and 2009 – during a time when the economy was stronger and there was less competition for properties. Additionally, many homes in this area are owner-occupied rather than being rented out – which may contribute to slower turnover rates and longer-term stability in the market overall.