83322, Corral, ID

The Corral, ID 83322 zip code has a population of approximately 2,000 people. The median household income in the 83322 zip code is $52,500. The median home value in the 83322 zip code is $122,500.

There has been a significant increase in home equity and home prices in the Corral, ID 83322 zip code over the past few years. In 2015, the median home value was $121,000 and the median home equity was $86,600. In 2016, the median home value increased to $123,700 and the median home equity increased to $89,100. This trend continued into 2017 with the median home value increasing to $124,900 and the median home equity increasing to $91,300. These increases can be partially attributed to an influx of new residents into Corral who are able to afford higher-priced homes and greater access to credit due to strong job growth rates in this area.

Despite these positive trends, there are still some areas of concern for homeowners in the Corral area. One issue is that there is a lack of available housing stock which has driven up prices for existing homes as well as new construction projects. Additionally, interest rates have remained relatively low which has made it more difficult for homeowners to pay off their mortgages or take advantage of available refinancing opportunities. Finally, although mortgage rates have decreased recently they may still be higher than average when compared with other areas of the country where comparable properties are located.