84057, Orem, UT

The 84057 zip code is located in the Orem, UT area. According to the 2010 census, the population of this zip code was 97,827. The median household income in this zip code was $60,362. Home equity and home prices are important factors when considering a move or purchasing a home.

According to Zillow, the average home value in the 84057 zip code was $209,000 as of September 2016. This is an increase of 7% from September 2015 and an increase of 10% from September 2014. The average home value in this zip code has increased by more than 50% since 2007! This indicates that there is strong demand for homes in this area and that homeowners are doing well financially.

One reason for the strong demand for homes in the 84057 zip code may be that many families are looking for suburban living without having to sacrifice too much space or quality of life. Another reason may be that many families have saved up over time and are now ready to purchase a home rather than rent one. Additionally, many new homes being built in this area are larger and more expensive than those previously available, which may also contribute to increased home values over time.