68939, Franklin, NE

The home equity and home prices in the 68939 zip code of Franklin, NE are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $106,500. The average home value in this zip code has also increased significantly over the past few years. In 2014, the average home value was $224,000, which has increased to $269,000 as of 2016. This increase in home values is likely due to a number of factors including an improving economy and low interest rates.

While there are a number of reasons why the home values in this zip code are high, one potential downside is that it may be difficult for people who live here to afford to buy or sell a house. The median household income in this zip code is only $50,000 per year which is lower than the national median household income of $53,046. Additionally, there are a relatively large number of households (30%) that have zero or negative equity in their homes which means that they owe more on their homes than their homes are worth. This could make it difficult for these households to sell or purchase a house if they wanted to move or if they needed money for other expenses.