80015, Aurora, CO

The 80015 zip code of Aurora, Colorado has a population of around 230,000 people and a median home value of $269,900. The average home equity in the 80015 zip code is $128,100. This means that the typical homeowner in the 80015 zip code has around $128,100 worth of equity in their home.

The homeownership rate in the 80015 zip code is around 71%. This means that there are a lot of homeowners in the 80015 zip code who are able to use their home equity to help them pay off debt or save for future goals. Homeownership rates are high in areas with low unemployment rates and strong economic growth prospects.

Home prices have been on the rise for most of 2018 across most parts of the United States. In fact, according to Zillow’s latest report on housing data, prices nationwide have increased by 2.8% over the past year – which is much faster than wage growth (1%). This trend looks likely to continue as more people enter into or upgrade their homes and as demand from investors increases.

While it’s important to keep in mind that not all areas within a given ZIP Code will experience similar price increases, it’s also important to remember that there are many factors that can influence home values – including location (near schools/transit/employment centers), size/condition of the property, and market trends (such as interest rates). So while it’s impossible to predict exactly how much your home will increase in value over time, knowing your homeowner status and your local market conditions can give you some idea about what might be possible.