54911, Appleton, WI

The home equity and home prices in the 54911 zip code of Appleton, WI are very high. According to Zillow, the median home value in this zip code is $248,000. This is a far cry from the median home value of $118,500 that was reported for the zip code of Appleton back in 2007. In fact, since 2007, the median home value in this zip code has increased by more than 150%.

One possible explanation for this dramatic increase in home values is that there has been an influx of new residents into this area over the past few years. According to The Daily Review newspaper, Appleton has seen a population growth rate of 2.5% over the past five years which could account for some of the increase in home values. Additionally, many homes in this zip code are located on large lots which may also contribute to their high prices.

Despite these positive factors, there are some potential risks associated with investing in homes within this zip code. For example, according to Zillow's report on mortgage rates within Wisconsin's 54911 zip codes, mortgage rates within this area are relatively high (currently at 3%). This could make it difficult for homeowners who are seeking to purchase or refinance a property within this area. Additionally, although Appleton has seen a significant increase in its population over the past few years, it is still considered a rural community which may limit its appeal to potential buyers and renters alike.