39730, Aberdeen, MS

Aberdeen, Mississippi is located in the northwestern corner of the state and has a population of just over 10,000 people. The 39730 zip code covers just over 2 square miles and has a median household income of $51,000. Home prices in this zip code have increased significantly in recent years, with the average home value reaching $169,500 as of September 2017. This represents a 121% increase from the median home value of $77,500 recorded in 2006.

The primary driver behind this increase is likely attributable to strong demand from both buyers and investors. Aberdeen has seen significant growth in both its population and economy over the past several years, which has led to an increased demand for housing stock. Additionally, Aberdeen's location within Northwest Mississippi makes it an attractive option for those looking to purchase or invest in property outside of major metropolitan areas.

Despite these positive trends, there are some risks associated with investing in home equity products. A potential issue could be a decline in market conditions that would lead to decreased demand for homes or properties within the zip code. Additionally, interest rates may rise over time which could make it more difficult for homeowners to repay their loans or pay off their mortgages altogether. While these risks are certainly present, they are by no means guaranteed and should be considered carefully before making any decisions related to home equity investments