58048, Hunter, ND

The 58048 zip code of Hunter, ND has a median home value of $119,000. This is lower than the statewide median home value of $177,500. The 58048 zip code also has a lower than average percentage of homeowners with equity in their homes. This indicates that there are more homeowners who are struggling to pay off their mortgages than those who have significant equity in their homes.

Despite these challenges, the 58048 zip code does have some positive indicators when it comes to home prices and home equity. For example, the average commute time to work is only 26 minutes, which is shorter than the statewide average commute time of 30 minutes. Additionally, the unemployment rate in the 58048 zip code is only 3%, which is lower than the statewide unemployment rate of 4%. These factors may be contributing factors to why some homeowners in the 58048 zip code have more equity in their homes than others.