58554, Mandan, ND

The 58554 zip code of Mandan, ND is located in the western part of North Dakota and has a population of about 10,000. The median household income in this zip code is $50,000 and the median home value is $130,000. The home equity in this zip code is about $60,000.

There are a few factors that affect home prices in Mandan. First, there is a low supply of homes for sale in this zip code which drives up prices. Second, the area has a high demand for homes because it is located near many major cities such as Bismarck and Fargo. Third, Mandan has been experiencing strong economic growth over the past few years which has led to an increase in job opportunities and wages. Finally, Mandan residents have been able to get access to good credit which has helped them get approved for more expensive mortgages than other areas of the country.

Overall, home prices in Mandan are relatively high compared to other parts of North Dakota and nationwide. While there may be some uncertainty ahead due to current market conditions, it seems likely that prices will continue to rise over time as long as there are no major unforeseen events occur