83633, King Hill, ID

The 83633 zip code of King Hill, ID, is located in the Boise metropolitan area. The median home value in this zip code is $213,000. The home equity index for this zip code is 104.4%. This means that the average homeowner in this zip code has over $104,400 of equity in their home.

Home prices have increased significantly over the past few years in the 83633 zip code of King Hill. Between January 1st of 2009 and January 1st of 2017, the median home price increased by 97%. Over that same time period, the average increase in wages was only 54%. This indicates that a large majority of homeowners in this zip code are benefiting from rising home values and increasing equity in their homes.

There are a number of factors contributing to the high levels of home equity and home prices in the 83633 zip code of King Hill. First and foremost, there is a strong demand for housing stock within this area due to its proximity to both Boise and Twin Falls (both major metropolitan areas). Additionally, King Hill is located within an affluent area with plenty of amenities available nearby (including schools and shopping). Finally, many homeowners here have taken advantage of low interest rates over recent years to invest additional money into their homes (resulting in larger balances on their mortgages).