53092, Mequon, WI

The 53092 zip code of Mequon, WI has a population of about 36,000 people. The median household income in this zip code is about $86,000. Home prices in the 53092 zip code have been increasing rapidly over the past few years. In March of 2016, the median home price was $236,500. By September of 2017, the median home price had increased to $269,900. This rapid increase in home prices has led to a large increase in home equity for residents in the 53092 zip code. As of September 2017, the total amount of home equity held by residents in the 53092 zip code was $1.2 billion. This is an increase of about $100 million from March of 2016 when the total amount of home equity held by residents was $1 billion.

One reason that home prices have been increasing so rapidly in the 53092 zip code is that there are a limited number of homes available for sale and a large number of people are looking to buy homes. The availability of homes for sale has led to bidding wars between buyers and sellers which has driven up prices even more. Additionally, Mequon is located near several major cities which has led to an influx of new residents into this area who are looking to buy homes. These new residents are driving up demand for housing and contributing to the rapid increase in home prices in the 53092 zip code