98552, Humptulips, WA

The 98552 zip code of Humptulips, WA is located in the Pacific Northwest region of the United States. The area has a population of about 1,000 people and an average household size of 2.5 people. The median household income in the 98552 zip code is $59,000 per year.

Home equity is a key component of homeownership in the United States. Home equity provides homeowners with a source of financial security and allows them to use their home as collateral for loans or other investments. Home prices are also important factors in homeownership decisions. Home prices reflect the value of a home relative to its cost and market conditions.

According to data from Zillow, the median home price in the 98552 zip code was $269,500 as of January 2018. This represents an increase of 7% over the median home price in January 2017. Over the past year, there has been a general trend towards increasing home prices across all ZIP codes in Washington state. However, while prices have increased statewide, they have not increased as much in Humptulips as elsewhere within Washington state. This may be due to several factors including limited inventory availability and strong demand from buyers who are willing to pay more for homes in desirable areas such as Humptulips.

Home equity is important for many reasons beyond providing financial security and allowing homeowners to use their homes as collateral for loans or other investments. Home equity can be used to purchase additional property or take out loans against it to finance various expenses such as renovations or new purchases made within the homeowner's own community or outside of it (such as purchasing a vacation home). In addition, having access to some form of home equity can help households weather difficult economic times by providing them with some cushioning against sudden decreases in income or unexpected expenses such as medical bills that cannot be covered by insurance coverage or savings accounts alone