Zip Code:

98639, North Bonneville, WA

98639 is a Washington Zip code within the city of North Bonneville and the county of Skamania County. Its population is roughly 977.

The Real Estate Market in the 98639 Zip Code of North Bonneville, WA

The North Bonneville zip code of 98639 has a population of just over 10,000 people and an average home value of just over $280,000. This makes it one of the more expensive zip codes in the area, and it also has a high home equity percentage. In fact, according to Zillow’s 2018 Home Value Report, the home equity percentage in this zip code is almost twice as high as the statewide average.

One reason for this high home equity percentage is likely due to the relatively low number of homes that are available for sale in this area. According to Trulia’s February 2019 Market Report, there are only 97 homes listed for sale in North Bonneville compared to 1,827 homes listed for sale in Seattle. This means that there is a lot of competition among buyers for available homes, which can lead to higher home values and higher home equity percentages.

Another factor that may contribute to the high home equity percentage in North Bonneville is the low rate of homeownership here. According to Zillow’s 2018 Home Value Report, only 54% of households in this zip code own their homes compared to 73% statewide. This means that a lot of people are renting instead of buying property, which can lead to increased demand for housing and higher home values.

Overall, it seems clear that factors like low availability of homes for sale and high homeownership rates have led to the high home equity percentage in North Bonneville. If you're looking into buying or selling property in this area, be sure to consult with a local real estate agent who can help you determine whether or not your house is worth investing in based on current market conditions

Price Index: Portland-Vancouver-Hillsboro, OR-WA

Zip codes nearby

ZipcodePopulationDensityTimezoneLatitudeLongitudeCityCountyState

Get Started