99350, Prosser, WA

Prosser, WA is located in the east part of Washington and has a population of around 10,000 people. The median home value in Prosser is $269,900 which is about average for the state of Washington. The zip code 99350 has a home equity rate of around 11%. This means that the typical homeowner in this zip code has around $27,000 worth of equity in their home.

The reason that home equity rates are so high in Prosser is because there are a lot of homes here that have been bought recently and are still undervalued. There are also a lot of people who have been able to get mortgages with low interest rates because the housing market has been stable for quite some time now. However, if the market starts to decline then these homeowners could find themselves losing a lot of money very quickly.