82701, Newcastle, WY

The 82701 zip code of Newcastle, Wyoming is located in the Powder River Basin and has a population of just over 5,000. Home prices in this zip code have increased significantly over the past few years, reaching an all-time high of $269,900 in March of 2018. This increase in home prices can be attributed to a number of factors, including strong economic growth and low interest rates.

Home equity is important for many people because it provides them with a measure of financial security. Homeowners who have significant equity in their homes are more likely to be able to weather difficult financial times than homeowners who do not have any equity in their homes. In addition, home equity can help homeowners finance other important investments, such as cars or mortgages.

The average home value in the 82701 zip code is $269,900. This figure represents an increase of almost 50% from the average home value of $148,100 recorded back in 2009. Over the past five years alone, the average home value has increased by almost 60%. While there are some areas within this zip code where prices are lower than average (due to lower demand), overall prices are very high compared to most other areas within Wyoming.

Interestingly enough, despite increasing prices throughout much of Wyoming over the past few years, Newcastle has seen particularly strong growth rates when it comes to home values. The median home value in this zip code is currently $291,500 – which represents an increase of almost 60% from the median home value recorded back in 2009 ($183,500). This strong growth rate is likely due to several factors: first and foremost being strong economic growth within this area; secondly being relatively low interest rates; and lastly but not least – limited inventory availability throughout much of Newcastle (due to rapid population growth).