53186, Waukesha, WI

The 53186 zip code of Waukesha, WI has a population of over 102,000 people and a median home value of $269,900. The home equity in this zip code is high compared to the rest of the country. In fact, the median home equity in Wisconsin is only $130,000. This high level of equity can be attributed to several factors including low interest rates and strong job growth in the area.

Another contributing factor to the high level of home equity in this zip code is the availability of affordable housing. There are a number of neighborhoods in Waukesha that are considered affordable by both standards (low-income and moderate-income) and market conditions (price-point and size). This combination makes it possible for many families to purchase a home without having to sacrifice too much on their desired lifestyle or budget.

Despite these positive factors, there are some potential challenges that could affect home prices in this zip code over time. One potential issue is that interest rates could rise over time which would make it more expensive for families to borrow money against their homes. Another potential issue is that if economic conditions decline significantly, fewer families may be able to afford to purchase homes due to decreased income or increased debt obligations. However, based on current trends and data collected from recent years, it appears that these risks are relatively low at this point in time.