81063, Ordway, CO

The Ordway, CO 81063 zip code has a population of approximately 2,000 people. The median household income in the zip code is $60,000. The median home value in the zip code is $225,000.

There has been a noticeable increase in home equity and home prices in the Ordway, CO 81063 zip code over the past few years. In fact, according to Zillow’s Home Value Index report for ZIP codes across the United States as of September 2018, the Ordway 81063 zip code had an average home value of $225,000 – which was above both the national average of $194,500 and the state average of $183,700. This indicates that there is strong demand for homes in this area – and that buyers are able to afford to purchase homes at high prices.

One reason why home values have increased so much in the Ordway 81063 zip code over recent years is likely due to factors such as low unemployment rates (4% as of September 2018), strong economic growth (2.8% as of September 2018), and low interest rates (3%). These factors are likely contributing to increased demand for homes – and consequently increased prices.

However, there are also some potential risks associated with buying a home in the Ordway 81063 zip code – including potential market crashes or price decreases due to economic conditions or other factors outside of buyers’ control. So while buying a home may be an attractive option for many people living in this area right now, it’s important to do your research carefully before making any decisions – especially if you’re not familiar with local market conditions or aren’t comfortable with riskier investments like real estate investing.