97412, Blachly, OR

The 97412 zip code of Blachly, OR has a median home value of $147,000 and a median home equity value of $119,000. These values are lower than the statewide median home value of $225,800 and statewide median home equity value of $142,600. The 97412 zip code is also below the national median home value of $177,200 and national median home equity value of $130,700.

There are several factors that may contribute to the lower values in the 97412 zip code. First, this area may be more affordable than other areas in Oregon due to its low population density and lack of major commercial centers. Second, there may be fewer opportunities for homeowners to increase their home equity by refinancing or selling their homes at a higher price. Finally, many homeowners in this area may have taken out mortgages with low interest rates which has helped to boost their overall equity levels.