98846, Pateros, WA

Home Equity and Home Prices in the 98846 Zip Code of Pateros, WA

The home equity and home prices in the 98846 zip code of Pateros, WA are very high. The median home value in this zip code is $1,845,000. This is a very high value for a zip code with only 2,000 residents. The average home value in this zip code is $2,527,500. This means that the homes in this zip code are worth an average of over $300,000 more than the median household income.

There are a number of reasons why the homes in this zip code are so valuable. First, there is a lot of acreage available for development in this area. Second, there is a lot of luxury housing available here. Third, there is a lot of investment money available to buy homes here because of the high home values. Finally, Pateros has been growing rapidly over the past few years and so there is increasing demand for homes here.

Despite these reasons why the homes in this zip code are so valuable, it's important to remember that not everyone can afford to live here or buy a home here. In fact, only about one-third of households living in this zipcode have incomes above $100K per year. So while it's definitely possible to live in Pateros and make plenty of money if you have enough money saved up (or borrow enough money), it's not necessarily an easy place to live if you don't have lots of money saved up or if your income isn't high enough to support a large mortgage payment on a house worth over $300K