68979, Sutton, NE

The 68979 zip code of Sutton, NE is located in the eastern part of the state and includes a population of approximately 9,000. The median household income in this zip code is $60,000, and the median home value is $174,500.

Home equity has been on the rise for many homeowners in this area over the past several years. In fact, according to Zillow’s Home Value Index report for Q4 2017, home values in this zip code have increased by an average of 7.1% annually since 2013. This trend appears to be continuing as home values have increased by an average of 5.5% annually over the past year.

This strong appreciation in home values has led to a significant increase in homeowners’ equity levels. As of Q4 2017, 71% of homeowners in this zip code had at least 50% equity in their homes compared to just 44% at the beginning of 2013. This increase has helped many homeowners achieve financial stability and security during challenging economic times.

Despite these positive trends, there are still some areas where improvements can be made when it comes to housing affordability and access to affordable mortgages in this area. For example, while mortgage rates have remained relatively stable over the past few years, rates for shorter-term loans (such as 30-year fixed-rate mortgages) are significantly higher than they were a few years ago due to increasing interest rates across all loan types. Additionally, there is still a shortage of available housing units that are affordable for lower-income households – particularly those who are looking for properties that are within walking distance to amenities such as grocery stores and schools.