99326, Connell, WA

Home equity is the difference between the market value of a home and what a homeowner owes on their mortgage. Home prices are the price at which homes are sold in an area. The Connell, WA 99326 zip code has seen a rise in home equity and home prices over the past few years. In 2016, the median home value was $269,000, up from $236,500 in 2014. The increase in home values can be attributed to several factors: low interest rates, increasing demand for housing due to population growth, and limited supply of available homes.

The Connell zip code is located in southwest Washington state near the Oregon border. It has a population of about 11,000 people and is growing rapidly due to its close proximity to Portland and Seattle. The average commute time to work is about 25 minutes. There is a strong job market with many companies located in the area. Additionally, there is plenty of housing available for purchase within the Connell zip code due to its moderate population density and healthy economy.

The average sale price for homes within the Connell zip code was $287,500 in 2016 which represents an increase of 7% from 2015 sales prices ($270,000). This indicates that there is strong demand for homes within this area and that buyers are willing to pay higher prices for properties that meet their needs and desires. It should be noted that there are also many luxury homes available for sale within this zip code which account for a significant portion of all sales transactions (about 30%). These high-end properties typically sell for much more than the average sale price ($368K vs $287K).

Given all these factors - strong job market; growing population; ample housing availability; high demand - it's no surprise that home equity values have increased significantly over recent years in the Connell zip code. If you're looking to buy or sell a property in this area - or anywhere else throughout Washington state - be sure to consult with an experienced real estate agent who can help you find what you're looking for at a fair price