85650, Sierra Vista, AZ

Home Equity and Home Prices in Sierra Vista, AZ

The Sierra Vista zip code 85650 has a median home value of $236,500. This is higher than the Arizona median home value of $178,700. The percentage of homes in the Sierra Vista zip code with a mortgage is lower than the Arizona average mortgage rate of 4.5%. The percentage of homes in the Sierra Vista zip code that are owner-occupied is higher than the Arizona average owner-occupied rate of 63%.

There are a number of factors that may contribute to why homes in the Sierra Vista zip code have a higher median home value than other areas in Arizona. One potential reason is that there are more expensive homes available for sale in this area. Additionally, many homeowners here have invested money into their homes through improvements or additions which may increase their property's worth.