54985, Winnebago, WI

The 54985 zip code of Winnebago, WI has a median home value of $151,000 and a median home equity value of $114,000. These values are relatively high when compared to other zip codes in the area. The average home value in the 54985 zip code is $92,500. The average home equity value in the 54985 zip code is $75,000. This indicates that there is a higher demand for homes in this area than elsewhere in the county.

There are several factors that may contribute to this trend. First, Winnebago County is one of the wealthiest counties in Wisconsin and has a high rate of homeownership (81%). Second, many homes in this area were built prior to 2000 and have not experienced significant depreciation since then. Finally, there is a strong demand for housing within the 54985 zip code due to its proximity to major cities (Madison and Milwaukee) and excellent schools.

Despite these positive trends, there are some risks associated with buying or owning a home within the 54985 zip code. First, interest rates have been rising recently which could make it more difficult for buyers to afford homes within this area. Second, Winnebago County has seen an increase in foreclosures over the past few years which could lead to increased competition for available homes and decreased prices overall.