97439, Florence, OR

The home equity and home prices in the 97439 zip code of Florence, OR are very high. The median home value in this zip code is $326,000, which is more than double the national median home value of $157,500. Additionally, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the national percentage of homes that are worth more than $300,000. This indicates that there is a high demand for homes in this zip code that are worth a significant amount of money.

One reason why the home equity and home prices in this zip code are so high is because there is a large number of affluent residents living in this area. The population density in this zip code is low compared to other areas of the country, which allows for a greater number of luxury homes to be built. Additionally, many wealthy individuals choose to live in Florence because it has a strong economy and excellent schools. This combination makes it difficult for people who do not have access to large amounts of money to purchase a home in this area.

Despite these factors, there may be some potential buyers who are interested in purchasing a home in the 97439 zip code because it offers great value for its price tag. Home values here have remained relatively stable over the past few years despite increasing demand from affluent buyers and limited supply due to zoning restrictions on new construction. If you're looking for an affordable place to live with great schools and access to many amenities, then you may want to consider purchasing a home in Florence.