57278, Willow Lake, SD

The 57278 zip code of Willow Lake, SD has a median home value of $119,000. The home equity in this zip code is $41,000. This means that the majority of homeowners in this zip code have more equity in their homes than they do debt. Additionally, the average home price growth rate for this zip code over the past five years has been 5%. This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise.

There are a number of factors that may contribute to the high home values and equity in homes in the 57278 zip code of Willow Lake, SD. These include: a low unemployment rate; a strong economy; low housing costs; and a limited supply of properties available for purchase. Additionally, many homeowners in this area have invested money into their homes through improvements such as new roofs or windows, which can increase their value significantly.