41006, Butler, KY

Since the housing market crashed in 2008, home equity and home prices have been on a steady decline in the 41006 zip code of Butler, KY. In fact, according to Zillow, the median home value in this zip code is $128,900 which is only about 60% of its pre-crash value.

Interestingly enough, there are still a number of homeowners in this zip code who are experiencing negative equity. This means that their homes are worth less than what they owe on them. As a result, these homeowners may be at risk of losing their homes if they cannot find a buyer who is willing to pay more than what they owe on their property.

On the other hand, there has been an increase in the number of homeowners who are experiencing positive equity. This means that their homes are worth more than what they owe on them. As a result, these homeowners may be able to stay in their homes for longer periods of time without having to worry about losing them due to negative equity.