59872, Superior, MT

The 59872 zip code of Superior, MT is located in the northwest corner of the state and has a population of just over 10,000. The median household income in this zip code is just under $50,000, which is lower than the statewide median income of $60,000. However, home prices in this zip code are much higher than the statewide median home price of $183,500.

There are a total of 1,890 homes currently for sale in the 59872 zip code. The average list price for these homes is $269,900 and the median list price is $247,500. This means that home equity in this zip code is significantly higher than the statewide median home equity value of $130,000. In fact, as of May 2019 there were an estimated 1,948 active listings in this zip code and an estimated 97% of these listings were sold within one year. This indicates that there is strong demand for homes in this area and that buyers are able to easily obtain financing to purchase a home here.

The 59872 zip code also has a high rate of homeownership (81%). This means that most people who live here own their homes rather than renting them or living in properties that they do not own outright. This high rate of homeownership may be due to the low cost of housing relative to other areas of Montana or it may be because Superior residents are more likely to have enough money saved up to buy a house outright. Either way, it indicates that people who live in this area are confident about their ability to maintain and/or improve their property values over time.