82714, Devils Tower, WY

Devils Tower is located in the 82714 zip code in Wyoming. The median home value in this zip code is $187,000. The home equity and home prices in this zip code have increased significantly over the past few years. In 2014, the median home value was $157,000 and the home equity was $86,000. In 2015, the median home value was $186,000 and the home equity was $102,000. In 2016, the median home value was $197,500 and the home equity was $119,500. As of September 2017, the median home value is currently $209,500 and the home equity is $128,500.

The main reasons for this increase in homes values are a lack of available housing stock and an influx of new residents to Devils Tower due to its popularity as a tourist destination. There has been an increase in jobs and businesses located in Devils Tower over recent years which has led to an increase in population growth. Additionally, there has been an increase in demand for property due to its unique location – Devils Tower is within striking distance of Yellowstone National Park which attracts tourists from all over the world.

Despite these positive factors contributing to increased housing values within this zip code area there are some potential risks that could impact future prices – if interest rates rise or if there are any major economic downturns that lead to a decrease in demand for property within this area. However overall it seems likely that homes values will continue to rise at a rapid pace within this particular zip code area over the next few years