83001, Jackson, WY

The Jackson, WY 83001 zip code has a population of just over 10,000 people and is located in the southwestern corner of Wyoming. The median home value in this zip code is $128,000, which is significantly lower than the national median home value of $217,500. However, despite the lower median home value, the 83001 zip code has a higher percentage of homes that are worth more than $200,000 than the national average.

One reason for this may be that there are a greater number of luxury homes in Jackson compared to other areas of Wyoming. Additionally, many homeowners in this zip code have taken advantage of low interest rates and have been able to refinance their homes multiple times over the past few years. This has helped to drive up the overall home values in this area.

Despite these positive trends, there are still many homeowners who are struggling to afford their mortgages and who are seeing their home equity decline over time. This is likely due to low interest rates and increasing prices both nationally and locally. In order for homeowners in Jackson to continue seeing positive growth in their home values over time it will likely be necessary for interest rates to rise or for prices to decrease significantly from their current levels.