52317, North Liberty, IA

The home equity and home prices in the 52317 zip code of North Liberty, IA are very high. The median home value in this zip code is $269,900, which is more than triple the median home value in Iowa as a whole. Additionally, the percentage of homes that are worth more than their original purchase price is extremely high in this zip code. Nearly two-thirds (64%) of homes in this zip code are worth more than their original purchase price. This is significantly higher than the national average of just over half (53%).

One possible explanation for these high home values and high percentage of homes that are worth more than their original purchase price could be the strong economy that has been present in North Liberty for many years. Jobs have been plentiful and wages have increased, which may have helped to increase the value of homes and make them more affordable for buyers. Additionally, there may be a scarcity of available housing stock in this area, which has driven up prices. If there were not so many people interested in purchasing or living in homes located in this zip code, prices would likely be lower.