89448, Zephyr Cove, NV

Home Equity and Home Prices in the 89448 Zip Code of Zephyr Cove, NV

The zip code of 89448 in Nevada has a median home value of $269,900. This is higher than the statewide median home value of $209,800. The zip code also has a lower than average percentage of homeowners with a mortgage at just 58%. This indicates that many people in this zip code are able to borrow against their homes to cover some or all of their housing costs.

One reason that the home values in this zip code are higher than the statewide median is likely because there are more expensive homes available for sale here. Additionally, many people who live in this zip code may be able to afford larger mortgages because they earn high incomes.

Despite these factors, it's important to keep in mind that not everyone living in this zip code can afford a large mortgage. So even though the median home value is high, there may be some homes available for sale that have lower prices.

If you're thinking about buying a home in the 89448 zip code, it's important to consult with an experienced real estate agent who can help you find the right property and make sure you're getting an accurate estimate of its worth.