53929, Elroy, WI

The 53929 zip code of Elroy, WI has a median home value of $101,000 and a median home equity value of $111,000. These values are significantly higher than the Wisconsin state median home value of $77,500 and the national median home value of $177,200. The high values in this zip code may be attributed to the presence of several wealthy families who live in this area. Additionally, many homes in this zip code are owned outright or have low mortgage rates which contributes to their high values.

Despite the high values in this zip code, there is evidence that prices may be on the decline. Between 2015 and 2016, the average sale price decreased by 7% while the average home equity value decreased by 9%. This suggests that there may be more downward pressure on prices in the near future.