65727, Polk, MO

The Polk, Missouri 65727 zip code has a population of around 11,000 people and a median home value of $130,000. The home equity in this zip code is around $29,000. This means that the majority of homes in this zip code are owner-occupied and have some level of equity.

There are a few factors that could be contributing to the high home equity in this zip code. One reason could be that the homes in this area are generally older and have been well-maintained. Another reason could be that there is a low number of foreclosures or short sales in this area, which may mean that homeowners are more likely to have some level of equity in their homes.

Another factor that could be contributing to the high home equity in this zip code is the low rate of unemployment here. This may mean that people are able to afford to keep their homes more easily than if there was higher unemployment rates. Additionally, many people who live in Polk, Missouri 65727 may have good credit scores which can also help them get approved for mortgages and keep their homes more easily.