98330, Elbe, WA

The 98330 zip code of Elbe, WA has a median home value of $241,000 and a median home equity value of $128,000. These values are higher than the statewide median home value of $206,500 and the national median home equity value of $141,700. The high home values in the 98330 zip code may be due to its proximity to Seattle and the large number of affluent residents in this area.

The average monthly mortgage payment for homes in the 98330 zip code is $1,527. This is lower than the statewide average monthly mortgage payment of $1,715 and the national average monthly mortgage payment of $1,814. The low mortgage payments in the 98330 zip code may be due to its low interest rate environment or strong economy.

The homeownership rate in the 98330 zip code is 73%. This is lower than both the statewide homeownership rate of 76% and the national homeownership rate of 78%. The lower homeownership rate in this area may be due to its high cost of living or limited availability of housing stock.