58707, Minot, ND

Home Equity and Home Prices in the 58707 Zip Code of Minot, ND

The 58707 zip code of Minot, ND has a median home value of $128,000. This is significantly lower than the national median home value of $217,500. The reason for this discrepancy may be due to a number of factors including: the low population density in this zip code; the lack of available land in this area; and the fact that many homes in this zip code are older and have been well-maintained.

Despite these factors, there are still a number of homeowners in the 58707 zip code who are able to use their home equity to finance other investments or pay down debt. Additionally, there is a growing demand for housing in this area due to its close proximity to both Fargo and Bismarck. As a result, home prices are likely to increase over time as more people become interested in purchasing or investing in homes within this zip code.