98557, Mccleary, WA

Home equity is the difference between the market value of a home and the amount of money that a homeowner owes on their mortgage. In McCleary, WA, home equity averaged $236,000 in 2018. This means that homeowners in this zip code had more than 20% of their home's market value left over after they paid off their mortgages.

The average price of homes in McCleary increased by 5.5% from 2017 to 2018. This indicates that there is strong demand for housing in this area and that buyers are willing to pay a higher price for properties here.

While home prices have been increasing steadily in McCleary, there are some areas where prices are more expensive than others. The most expensive neighborhoods tend to be located near downtown or along major highways. Meanwhile, areas near schools or parks tend to be cheaper.

Overall, homeowners in McCleary have been able to benefit from strong demand for housing and rising prices over the past few years. While there may be some areas where prices are higher than others, overall homeownership rates remain high which indicates that people feel confident about investing in this area long-term.