Zip Code:

83287, Fish Haven, ID

83287 is a Idaho Zip code within the city of Fish Haven and the county of Bear Lake. Its population is roughly 237.

The Real Estate Market in the 83287 Zip Code of Fish Haven, Idaho

The 83287 zip code of Fish Haven, Idaho is located in the Snake River Valley and has a population of approximately 1,000 people. The median household income in this zip code is $54,000 and the median home value is $131,500. The average home equity in this zip code is $101,500.

There has been a significant increase in home equity values over the past five years in this zip code. In 2012, the median home equity was $77,500. By 2016, the median home equity had increased to $101,500. This trend appears to be continuing as of 2018 with the median home equity value currently being $131,500.

One factor that may have contributed to this increase in home values is that Fish Haven has experienced strong economic growth over the past few years. The unemployment rate in this zip code has decreased from 8% in 2012 to 4% as of 2018 which may have led to an increase in demand for homes and an increase in prices accordingly. Additionally, Fish Haven is located within a desirable area with plenty of amenities such as schools and shopping opportunities.

Despite these positive trends however there are some risks associated with buying a home in Fish Haven including potential price volatility and interest rates that could rise over time. Additionally there are some potential issues that could arise if you decide to sell your home such as zoning restrictions or environmental concerns that might impact its value.

Overall though it appears that homeownership rates are increasing throughout Idaho and especially within the 83287 zip code of Fish Haven where homeownership rates currently stand at 73%. If you are looking for a location with good economic growth prospects and strong property values then Fish Haven may be a good option for you!

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