63021, Ballwin, MO

Ballwin is located in the 63021 zip code. The 63021 zip code has a population of around 36,000 people. Ballwin's median home value is $141,500 which makes it one of the more affordable zip codes in Missouri. Ballwin's median home equity is $130,000 which means that most homes in the 63021 zip code are still worth more than their original purchase price.

The average home value in the 63021 zip code has increased by 5% over the past year. This increase can be attributed to a number of factors including low interest rates and increasing demand for housing. Ballwin's homeownership rate is around 69%, which is above the national average of 63%. This high homeownership rate may be due to the fact that Ballwin has a relatively low unemployment rate (4%) and a good economy overall.

Despite these positive trends, there are some areas where Ballwin could improve. For example, there are only about 2% of homes in the 63021 zip code that are vacant, which is below the national average of 3%. However, there are also a few neighborhoods in Ballwin where vacancy rates exceed 10%. Additionally, while prices have increased over recent years, incomes have not kept pace with inflation meaning that many families are still struggling to afford their homes outright.