83851, Plummer, ID

The 83851 zip code of Plummer, ID is located in the Snake River Valley and has a population of approximately 2,000. The median household income in this zip code is $54,000 and the median home value is $130,000. The average mortgage rate in this zip code is 4.5%.

There are a number of factors that contribute to the high home values in the 83851 zip code of Plummer, ID. First and foremost, this area is located in one of the most desirable parts of Idaho and has access to a number of amenities that make it an attractive place to live. Additionally, there are a large number of families who have purchased homes here over the past few years and have seen their values increase significantly as a result. Finally, there are limited opportunities for new housing development in this area which has helped to keep prices high.

Despite these factors, there are some potential risks associated with buying a home in the 83851 zip code of Plummer, ID. First and foremost, interest rates could rise over time which would cause home values to decline. Additionally, if there were any major economic downturns within the region or nationwide that affected housing prices negatively, buyers could find themselves facing significant losses on their investments. However, overall it appears that buyers who are interested in purchasing a home within this zip code should be confident that they will be able to achieve significant gains if they invest wisely.