54880, Superior, WI

The 54880 zip code of Superior, WI has a median home value of $151,000 and a median home equity of $116,000. This is lower than the Wisconsin state median home value of $183,500 and the national median home equity of $142,700. The 54880 zip code also has a lower than average homeownership rate at just 54%.

There are several factors that could contribute to the low home values in the 54880 zip code. One reason may be that this area is not as affluent as other parts of Wisconsin or the United States. Additionally, there may be fewer homes for sale in this area due to stricter lending criteria or higher prices for homes in this area.

Despite these factors, there are still some homeowners in the 54880 zip code who are benefiting from strong home equity values. These homeowners may have taken advantage of low interest rates over recent years or they may have purchased their homes before the market went into a downturn. Regardless of why their home equity is high, these homeowners are likely enjoying stability and peace of mind knowing that their property is worth more than they paid for it.