51555, Missouri Valley, IA

When people think of home equity, they often think of the value of their home. However, there are other factors that can affect a home's equity. For example, the amount of money that a homeowner has left over after paying off debt and expenses is known as a home's "net worth." The net worth of a Missouri Valley homeowner was $181,000 in 2016. This means that homeowners in this zip code had more than enough money to cover any potential financial emergencies or unexpected costs.

Home prices in Missouri Valley have been on the rise for several years now. In fact, according to Zillow®, the median home price in this zip code was $162,500 as of September 2017. This is an increase from $154,000 just two years earlier. While there may be some areas within Missouri Valley where prices are higher than others, it's clear that homes here are becoming more and more expensive all the time.

One reason for this trend is likely due to the strong economy overall. Jobs are plentiful and wages are rising, which means that people can afford to buy homes even if their incomes aren't quite high enough to cover all their monthly expenses outright yet. Additionally, many people who live in Missouri Valley own their homes outright rather than using them as part of a mortgage or rental agreement – which means they don't have to worry about potential interest rates going up or down or about whether they'll be able to keep up with payments if things get tough financially down the road.

Overall, it seems safe to say that homeownership rates in Missouri Valley are high and rising – which is good news for everyone involved!