84094, Sandy, UT

The 84094 zip code of Sandy, UT has a median home value of $183,000 and a median home equity of $101,000. This is significantly lower than the national median home value of $217,500 and the national median home equity of $146,200.

There are several factors that may contribute to the low home values in the 84094 zip code. First, Sandy is located in a rural area with few job opportunities. Second, there has been an increase in foreclosure activity in this area over the past few years. Third, many homeowners in this zip code have been underwater for a long time and may be unwilling to sell their homes at current prices. Finally, many homeowners in this zip code are elderly or have low incomes and may not be able to afford to make significant repairs to their homes or pay off their mortgages.