82609, Casper, WY

Home Equity in Casper, Wyoming

The home equity in Casper, Wyoming is a valuable asset for homeowners. The median home value in the zip code is $128,900 according to the 2016 American Community Survey. This means that there are a majority of homes in the area with a value above $100,000. Additionally, the percentage of homes with a value over $200,000 is high at 36%. This indicates that there are many opportunities for homeowners to increase their net worth through wise investments and prudent spending habits.

Home prices have been on the rise for several years now in Casper and surrounding areas. The average price of a home has increased by 10% since 2013 and by 20% since 2007. This trend shows no signs of slowing down as more and more people are investing in property here in Wyoming.

There are many factors contributing to this healthy housing market including low interest rates, strong job growth, and increasing wages. All of these things make it easier for people to afford homes and invest money into their properties. Additionally, new construction projects are underway which will add even more inventory to the market over time.

If you're looking to buy or sell property in Casper or any other area around Wyoming, be sure to consult with an experienced real estate agent who can help you navigate these complex waters safely and successfully!