68409, Murray, NE

Home Equity and Home Prices in the 68409 Zip Code of Murray, NE

The 68409 zip code of Murray, NE has a median home value of $128,000. This is higher than the Nebraska median home value of $119,500. The 68409 zip code also has a higher than average home equity percentage of 66%. This means that homes in this zip code are worth more than they are worth just based on their underlying property value. However, it is important to keep in mind that this does not mean that all homes in this zip code are worth over $128,000. There are likely some homes in this zip code that are worth less than $128,000.

One reason why the 68409 zip code has a high home equity percentage is because there is a high concentration of expensive homes in this area. The majority of homes in the 68409 zip code are valued at over $200,000. This means that homeowners in this area have a lot of equity built up in their homes. Additionally, there is a high concentration of jobs and businesses located within the boundaries of the 68409 zipcode. This means that people who live here can easily earn an income and afford to buy expensive homes.