63787, Zalma, MO

The home equity and home prices in the 63787 zip code of Zalma, MO are reflective of the overall market conditions in the area. The median home value in this zip code is $135,000, which is lower than the Missouri median home value of $157,500. However, this does not mean that there are not a number of homes for sale in this zip code. In fact, there are currently 41 homes for sale in this zip code. This indicates that there is a good selection of homes available for purchase within this area.

When it comes to home equity, homeowners in the 63787 zip code have an average equity balance of $77,000. This is lower than the Missouri average equity balance of $86,700 but still indicates that homeowners in this area have some residual wealth left after paying off their mortgages and other debts. When it comes to home prices, homeowners in Zalma have an average price per square foot of $119 which is higher than the Missouri average price per square foot of $106. However, when looking at all homes for sale within this zip code (not just those that are currently on the market), homeowner's have an average price per square foot of only $122 which indicates that there may be some downward pressure on prices over time as more homes come onto the market.