84040, Layton, UT

Home Equity in Layton, UT

In the 84040 zip code of Layton, home equity is a valuable asset. Home prices have increased significantly in this area over the past few years, and as a result, many homeowners have accumulated significant equity in their homes. According to Zillow, the median home value in this zip code was $257,500 as of September 2017. This represents a growth of more than 20% over the past year alone.

Given the current market conditions, it is likely that home values will continue to increase in the 84040 zip code. This is good news for homeowners who are able to use their home equity to finance other investments or pay down debt. Additionally, if you are looking to buy a home in this area, now may be a good time to do so – prices have been relatively stable over recent months but remain high by historical standards.