98541, Elma, WA

The Elma, WA 98541 zip code has a population of around 10,000 people and is located in the northwest corner of King County. The median home value in the zip code is $272,500 which is about average for King County. Home equity in the zip code has been growing at a rate of around 6% annually over the past five years. This growth is likely due to increasing demand for housing in the area and low interest rates.

There are a number of factors that can affect home values including interest rates, market conditions, and local government policies. While there are no guarantees that home values will continue to grow at a rate above inflation or even maintain their current value, it is important to understand how these factors can influence prices in your area.