85539, Miami, AZ

The Miami, AZ 85539 zip code has a median home value of $194,900 and a median home equity of $119,700. The zip code has seen an increase in home values over the past five years, with a 5.1% growth rate from 2012-2016. Home prices are projected to grow at a rate of 4.5% over the next five years according to Zillow.

Home equity is important because it can provide homeowners with access to funds that they can use for other purposes such as purchasing another home or starting a business. Home equity is also important because it can help homeowners reduce their monthly payments on their mortgage or loan by using the equity in their home as collateral.

There are many factors that contribute to the growth in home values in the Miami, AZ 85539 zip code including population growth, low interest rates, and limited supply of homes available for purchase. In addition, many homeowners in this area have been able to refinance their mortgages into more affordable terms which has contributed to increased home values.