51248, Sanborn, IA

The 51248 zip code of Sanborn, IA has a median home value of $128,000 and a median home equity value of $101,000. These values are higher than the Iowa state median home value of $101,500 and the national median home value of $177,200. The 51248 zip code is also above the Iowa city median home value of $92,700.

There are a number of factors that may contribute to the high values in the 51248 zip code. First, Sanborn is located in an affluent area with many affluent families. Second, there is a strong demand for housing in this area due to its excellent schools and amenities. Finally, there is limited supply relative to demand which has driven up prices over time.

Despite these high values, it is important to keep in mind that not all homes in the 51248 zip code are worth more than average. There are a number of homes that are worth less than average due to factors such as age or condition. Additionally, there may be some homes that have been affected by recent market conditions (e.g., low interest rates) which have caused their values to increase even more rapidly than usual.