81638, Hamilton, CO

The Hamilton 81638 zip code is located in the Front Range region of Colorado. The area has a population of about 105,000 people and an average home value of $269,500.

Home equity is important to many homeowners because it provides them with a cushion against unexpected financial challenges. Over the past several years, home values in the Hamilton 81638 zip code have increased significantly due to strong economic conditions and increasing demand from buyers. As of September 2016, the median home value in this area was $291,000. This represents a growth rate of 7% over the past year and 24% over the past five years.

While home values in Hamilton are high by national standards, they are still relatively affordable when compared to other areas of Colorado. The cost of living index for Hamilton is 103%, which is below the statewide average (105%) but above the national average (100%).

One factor that has contributed to rising home values in Hamilton is low unemployment rates. In September 2016, unemployment rates were 3% lower than they were at this time five years earlier. Additionally, there are many jobs available in nearby businesses such as technology companies and health care providers. This strong economy has led to increased demand for housing throughout Colorado and especially in Hamilton 81638 zip code.

Despite these positive trends, there are some risks associated with buying a home in Hamilton 81638 zip code. For example, if interest rates increase or if the market experiences another downturn, homeowners could experience significant losses on their investments. Additionally, prices can fluctuate rapidly due to local market conditions; therefore it is important for homeowners to stay up-to-date on changes so that they can make informed decisions about their investments."