65605, Aurora, MO

Aurora, Missouri is located in the central part of the state and has a population of just over 200,000. The 65605 zip code covers much of the city and has a median home value of $158,500. Home equity is an important part of many people's lives and can provide a significant source of financial security.

Home equity is composed of two components: the value of the home itself and any money that has been deposited into or borrowed against it. Over time, homeowners may be able to use their home equity to pay off debt, purchase additional assets (such as cars or furniture), or even save for retirement.

In general, home prices in Aurora have been increasing at a rate above the national average over the past few years. This trend appears to be continuing in 2017, with prices increasing by 2% so far this year according to Zillow data. This increase may be attributable to several factors, including low interest rates and strong demand from buyers who are looking for good quality homes in desirable neighborhoods.

While there are certainly some risks associated with investing in home equity (including potential loss of value if interest rates rise or if the market crashes), overall it seems like an increasingly popular option for people across all income levels. If you're thinking about buying or selling a home in Aurora – or anywhere else in Missouri – it's important to consult with an experienced real estate agent who can help you understand your options and make sure you're getting the best possible deal.