58258, Mekinock, ND

Mekinock, ND is located in the southwestern corner of North Dakota and has a population of just over 1,000 people. The 58258 zip code covers just over 2 square miles and has a median home value of $123,000. Home equity in this zip code is relatively low when compared to other areas of the country. In fact, only about one-third (34%) of homes in this zip code have any form of home equity. This is likely due to the low median income and high unemployment rates in Mekinock.

Despite the low level of home equity, there has been an increase in home prices over the past few years. The average home value in this zip code increased by 8% between 2013 and 2016. This trend is likely due to several factors including low interest rates, increasing demand for housing stock, and limited supply. While there are some areas within this zip code that are experiencing more rapid growth than others, overall prices have increased modestly since 2013.