97370, Philomath, OR

The 97370 zip code of Philomath, Oregon is located in the Willamette Valley and has a population of around 2,000. The median household income in this zip code is $60,000 and the median home value is $225,000. Home equity in this area has been growing steadily over the past few years and there are many reasons for this.

One reason for the growth in home equity is that there are a lot of families who have been able to refinance their homes at lower interest rates. Another reason is that the market for homes in this area has been strong overall, especially compared to other parts of the country. Finally, there are a number of new construction projects underway in Philomath that are likely contributing to the increase in home values.

Overall, it seems safe to say that home equity growth in Philomath will continue over the next few years. If you're looking to buy or sell a home in this area, it's important to consult with a qualified real estate agent who can help you get an accurate estimate of your potential profits or losses.