63013, Beaufort, MO

The 63013 zip code of Beaufort, MO has a median home value of $119,000 and a median home equity of $101,000. This means that the majority of homes in this zip code are worth more than their mortgage. Additionally, the average home price in this zip code has increased by 5.5% over the past year. This is likely due to strong job growth and low interest rates, which have helped to increase homeownership rates and home values across the country.

Despite these positive trends, there are still some homes in this zip code that are worth less than their mortgage. This is likely due to lower income levels or fewer opportunities for growth within the local economy. In addition, there are a few homes that are worth less than their original purchase price due to depreciation (a decrease in value over time).

Overall, homeownership rates and home values in the 63013 zip code continue to be strong indicators of economic health. While there may be some areas where prices are lower than average or incomes may not be high enough to support a purchase at full price, most residents in this area enjoy healthy housing markets that will continue to grow over time.