53097, Mequon, WI

The 53097 zip code of Mequon, WI has a median home value of $145,000 and a median home equity value of $111,500. These values are higher than the Wisconsin state median home value of $120,800 and the national median home value of $177,200. The 53097 zip code is also above the Wisconsin county median home value of $122,100 and the national county median home value of $157,100.

There are a number of factors that may contribute to these high values in the 53097 zip code. First, Mequon is located in an affluent area with a high population density. This may lead to increased demand for housing and increased prices for homes. Second, Mequon has a low unemployment rate which may lead to more people able to afford homes and increase prices even further. Third, Mequon has a relatively low foreclosure rate which may keep prices high even in cases where there are fewer available homes for sale. Finally, Mequon has a strong economy with steady job growth over the past few years which may help to support high house values.