58552, Linton, ND

The 58552 zip code of Linton, ND has a median home value of $106,000. This is lower than the statewide median home value of $177,500. The 58552 zip code also has a lower than average home equity value of $41,000. This indicates that there are more homes in this zip code that are worth less than their mortgage balance.

There are several factors that could contribute to the low home equity values in the 58552 zip code. One reason could be that there are a lot of homes in this zip code that were built before 1978. These older homes may not have been well-maintained and may not have had updated features or amenities. As a result, these homes may not be as valuable as newer homes.

Another factor that could contribute to the low home equity values in the 58552 zip code is the fact that there is a high rate of foreclosure activity in this area. Many homeowners who have lost their homes have not been able to sell them at fair prices due to the high rate of foreclosure activity in this area. As a result, many homeowners who own homes in this zip code have less equity in their properties than they would if there was less foreclosure activity in this area.