59046, Lavina, MT

The 59046 zip code of Lavina, MT has a median home value of $128,000 and a median home equity of $135,000. This is a higher median home value and median home equity than the national average of $123,500 and $102,700 respectively. The reason for this may be due to the high concentration of affluent residents in this zip code. Additionally, Lavina is located in an area that has seen strong job growth over the past few years. This has led to increased demand for housing and consequently higher prices.

Despite these high prices, there are still many homeowners in the 59046 zip code who are able to afford their homes. In fact, according to Zillow’s Home Value Index data from January 2018, 47% of households in this zip code own their homes outright while another 27% have mortgage debt that is below 80% of their house’s value. This indicates that there is still plenty of room for price appreciation in this area over time as more people enter into homeownership or reduce their mortgage debt levels.