64468, Maryville, MO

The 64468 zip code of Maryville, MO has a median home value of $128,900. The home equity in this zip code is $53,000. This means that the average homeowner in this zip code has a net worth of $87,500. Home prices have been on the rise in this zip code for the past few years and are expected to continue doing so.

There are many factors that contribute to home prices rising. One reason is that there is an abundance of available housing stock in this area. Another reason is that interest rates have remained low for a long period of time which encourages people to buy homes. Additionally, the economy has been improving which leads to more people wanting to buy homes. Finally, there has been an increase in demand for homes due to population growth and migration patterns.

Despite all these positive factors, there are some risks associated with buying a home in this area. One risk is that interest rates could rise which would make it more expensive for people to borrow money to purchase a home. Another risk is that the market could suddenly decline which would lead to lower home values and possibly even foreclosure proceedings against homeowners who may not be able to afford their payments on their mortgages. Nevertheless, overall it appears that the market in this zip code remains strong and should continue doing so over the next few years barring any unforeseen circumstances