59019, Columbus, MT

The 59019 zip code of Columbus, MT has a median home value of $151,600 and a median home equity value of $101,500. This is higher than the statewide median home value of $142,400 and the national median home equity value of $130,000. The 59019 zip code also has a lower than average homeownership rate at just 54.8%. This is due in part to the high percentage of homes that are owned outright or with a mortgage versus being rented.

The high home values in the 59019 zip code are likely due to several factors. First, Columbus is located in an affluent area with plenty of jobs and opportunities for growth. Second, there is strong demand for housing due to the low homeownership rate and limited availability. Third, Columbus has seen steady growth over the past few years which has led to increased demand for homes and property values. Finally, there are relatively few vacant homes in this zip code which drives up prices as more people want to live here.