96105, Chilcoot, CA

The 96105 zip code of Chilcoot, CA has a median home value of $315,000. The home equity in this zip code is $128,000. The average home price in the 96105 zip code has increased by 10% over the past year. This is due to an increase in demand for homes in this area and an increase in supply.

There are a number of factors that have contributed to the increase in home prices in the 96105 zip code. One reason is that there are more people moving into this area than leaving it. This is because there are many jobs available here and the commute into Seattle is not very long. Additionally, there has been an increase in demand for single-family homes due to increasing income levels and an increasing number of families wanting to live closer to their work places.

One downside to the increase in home prices is that it can be difficult for people who want to buy a house but don't have enough money saved up already. Another downside is that if interest rates go up, then a larger percentage of someone's mortgage payment will go towards interest rather than towards paying off the principal balance on their loan sooner.