65809, Springfield, MO

The 65809 zip code of Springfield, MO has a median home value of $130,000. The home equity in this zip code is $41,000. This means that the average homeowner in this zip code has over $68,000 in equity in their home.

The average mortgage debt for homeowners in the 65809 zip code is $137,500. This means that homeowners here are carrying a mortgage debt that is on average about 2/3 of their home’s value.

There are a number of factors that can impact the value of a home and the home equity in it. These include changes to local economic conditions (such as job growth or decline), interest rates, and inflation rates.

In general, it is important to keep an eye on these factors so that you can make informed decisions about how to best protect your investment and preserve your wealth over time.