71913, Hot Springs National Park, AR

The home equity and home prices in the 71913 zip code of Hot Springs National Park, AR are quite high. The median home value in this zip code is $269,000, which is significantly higher than the national median home value of $177,500. Additionally, the percentage of homes in this zip code that are owned outright (without a mortgage) is very high at 82%. This indicates that many residents in this zip code have a lot of equity in their homes and are not at risk of losing them to foreclosure.

One reason why the home equity and home prices in this zip code are so high is likely because Hot Springs National Park is a popular tourist destination. Many people who live in this zip code own vacation homes or second homes that they use when they visit the park. As a result, there is a lot of demand for housing here and prices have been able to rise accordingly.