Interesting thread! In my area, it depends on the zip code. I live in a large 5 bedroom house, good amount of land for the area (two or three times what all the neighbors have along side us on the block) and we only pay $900 a month including taxes and insurance. Now if we picked our house up and moved litterally two blocks over, it would be worth easily 4 times what we could get... see? zip code. Its the same school district (a very good one) and the enighborhood is just as safe as the one two blockes over, but over there you are magically in "Wealthy Town"! ooohh... aaahhhh. Then in that lovely neighborhood, you'll have houses that are $400,000 sitting next door to a million dollar home, and everything in between. Whereas over here in my town, you'll have 60,000-100,000 homes.

Same exact homes built by the same builder, at the same time period. But since one carries the coveted zip code, those homes go for much more money. Personally, I love my house, "wrong" zip code or not.