59405, Great Falls, MT

The 59405 zip code of Great Falls, MT has a median home value of $130,000 and a median home equity value of $101,000. The home values in this zip code are lower than the national average of $181,500 and the Montana average of $148,800. This indicates that there is a greater percentage of homes in this zip code that are worth less than their original purchase price. Additionally, the percentage of homes in this zip code that are worth more than their original purchase price is also lower than the national average and Montana average. This may be indicative of slower economic growth or tighter credit availability in this area.

Despite these lower home values, there is still a significant number (35%)of homes in the 59405 zip code that are worth more than their original purchase price. This indicates that there is still potential for homeowners to achieve significant gains on their investment over time if they can find the right property and stay current on their mortgage payments. Additionally, despite having lower home values compared to other areas in Montana and the nation, there is still strong demand for housing within this zip code due to its close proximity to major metropolitan areas such as Great Falls and Helena.