63953, Naylor, MO

The 63953 zip code of Naylor, MO has a median home value of $137,000 and a median home equity value of $146,000. These values are significantly higher than the Missouri median home value of $100,000 and the national median home equity value of $104,200. The 63953 zip code is also significantly wealthier than the Missouri average and national average.

The main drivers of these high values in the 63953 zip code are likely its relatively low unemployment rate (3.5%) and high household income levels ($87,600). Additionally, Naylor is located in an affluent suburban area with a high concentration of wealthy households. This wealth is likely translating into high home values across the area.

Despite these high values, there are some indications that the market may be cooling off in the 63953 zip code. For example, there was a significant increase in foreclosure filings over the past year (up from 5 to 10 per month), which could indicate that more homeowners are struggling to keep up with their mortgage payments. Additionally, while prices have been rising steadily for several years now, they have not yet reached their peak – suggesting that there may still be room for price growth in this market if conditions continue to improve for homeowners.