87026, Laguna, NM

The Laguna, NM 87026 zip code has a population of around 21,000 people and an average home value of $211,000. The median home value in the 87026 zip code is $206,500. Home equity in the 87026 zip code is around $128,000 on average.

There are a number of factors that contribute to the high home equity in the 87026 zip code. One reason is that Laguna is a desirable location with plenty of amenities and good schools. Additionally, many homeowners have taken advantage of low interest rates to borrow against their homes equity and have increased their net worth over time.

Despite these positive factors, there are some risks associated with having high home equity in the 87026 zip code. If interest rates rise or if the market for homes in Laguna falls below expectations, homeowners could find themselves struggling to pay off their loans or lose all of their investment money. It's important to carefully consider all of your options before making any decisions about using your home equity