83338, Jerome, ID

The Jerome, ID 83338 zip code has a median home value of $135,000 and a median home equity of $101,000. The Jerome area has seen an increase in home values over the past few years, with prices increasing by 9.4% from 2016 to 2017. This growth is likely due to the strong economy and low interest rates.

Home equity is important for many reasons. It can provide a cushion in case of an emergency or help you pay down debt faster. Additionally, having more equity in your home means that you are more likely to be able to sell it if you want to move or upgrade. Home values in the Jerome area are likely to continue growing as long as there are no major disruptions in the economy or interest rates.