82227, Manville, WY

The 82227 zip code of Manville, Wyoming is located in the Powder River Basin and has a population of just over 2,000 people. The median household income in this zip code is just under $50,000 and the median home value is just over $130,000. Home equity in this zip code has been growing at a rate of around 10% annually for the past few years, which is much faster than the national average. This suggests that there are a lot of opportunities for home buyers and sellers in this area.

One reason that home equity growth has been so strong in the 82227 zip code of Manville is that there are a lot of affordable homes available. The median price for a single-family home in this area is just under $130,000, which makes it relatively affordable compared to other areas in Wyoming. Additionally, there are a lot of new homes being built in this area which means that there are always new opportunities to buy or sell homes.

Another factor contributing to high home equity growth rates in the 82227 zip code of Manville are low interest rates. Right now, interest rates are very low and they have been declining recently which means that borrowers can get more money out of their homes than they would have otherwise been able to do. This helps to increase home equity values because it makes it easier for people to borrow money against their homes.

Overall, it seems like there are many opportunities for homeowners and buyers alike in the 82227 zip code of Manville. The strong economy combined with low interest rates mean that homeowners can often get more money out of their homes than they would have otherwise been able to do and this helps to increase overall housing prices throughout the area. If you're looking for an opportunity to buy or sell your home please contact one of our experienced real estate agents at Berkshire Hathaway HomeServices Western Region - Wyoming