84647, Mount Pleasant, UT

Home Equity and Home Prices in the 84647 Zip Code of Mount Pleasant, UT

Mount Pleasant, Utah is located in the Salt Lake City metropolitan area. The 84647 zip code covers a total area of 2.5 square miles and has a population of approximately 10,000 people. The median home value in this zip code is $185,000 which is significantly higher than the national median home value of $177,500. In addition, the average home equity in this zip code is $135,000 which is also significantly higher than the national average home equity of $100,000.

The following are some key factors that may contribute to these high home values and equity:

- Mount Pleasant has a relatively low unemployment rate (4%) compared to other cities in Utah (6%).

- There are a limited number of homes for sale in this zip code which may lead to increased demand and prices.

- The city of Mount Pleasant has been experiencing strong economic growth over the past few years which may have contributed to increased demand for housing and increased prices.