Zip Code:

83425, Hamer, ID

83425 is a Idaho Zip code within the city of Hamer and the county of Jefferson County. Its population is roughly 536.

The Real Estate Market in the 83425 Zip Code of Hamer, Idaho

The 83425 zip code of Hamer, ID is located in the Snake River Valley and has a population of just over 2,000. The median home value in this zip code is $119,000 and the median home equity is $87,000. Home prices have been on the rise in this area for the past few years and are predicted to continue doing so in the future.

There are a number of reasons why home prices have been on the rise in Hamer, ID. First and foremost, there is an abundance of available housing stock in this area which has led to increased demand from buyers. Additionally, Hamer is located within close proximity to major metropolitan areas such as Boise and Twin Falls which has contributed to increased job opportunities and higher incomes. Finally, many homeowners here have taken advantage of low interest rates by refinancing their homes multiple times over the past few years. As a result of these factors combined, home values have continued to increase year after year.

While there are many benefits to owning a home in Hamer, ID, it can also be challenging to get into or stay in your home if you don't have enough money saved up for a down payment or if you don't qualify for a mortgage loan due to your credit score or other factors. If you're thinking about buying or selling a home in this area be sure to speak with an experienced real estate agent who can help you navigate all of the possible obstacles that may come up during your transaction.

Price Index: Idaho Falls, ID

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