84738, Ivins, UT

The Ivins, UT 84738 zip code has a median home value of $128,000. This is significantly lower than the national median home value of $177,500. The Ivins, UT 84738 zip code also has a low home equity rate of only 6%. This indicates that many homeowners in this area are not able to use their home equity to finance other needs or debts.

One reason for the low home equity rate in the Ivins, UT 84738 zip code may be due to the high levels of debt among homeowners. Nearly two-thirds (64%) of homeowners in this area have at least one credit card debt and over one-third (35%) have at least one mortgage debt. These high levels of debt may make it difficult for homeowners to use their home equity to finance other needs or debts.

Despite these challenges, there are some positive trends associated with the Ivins, UT 84738 zip code. For example, more than half (53%) of homeowners in this area report that they are very satisfied with their current housing situation. Additionally, nearly three-quarters (73%) of homeowners report that they would recommend their current housing situation to a friend or family member. These positive trends suggest that despite the challenges faced by many homeowners in the Ivins, UT 84738 zip code, there is potential for improvement over time.