85938, Springerville, AZ

Home Equity and Home Prices in the 85938 Zip Code of Springerville, AZ

The home equity and home prices in the 85938 zip code of Springerville, AZ are very high. The median home value in this zip code is $269,000, which is more than double the national median home value of $130,000. Additionally, the percentage of homes that are worth more than their original purchase price is also high in this zip code. Over half (54%) of homes in this zip code are worth more than their original purchase price. This is significantly higher than the national average of 33%.

One reason for this high level of home equity and home prices in the 85938 zip code of Springerville, AZ may be due to its excellent schools. The school district that covers this area has an overall rating of 4 out 5 stars from GreatSchools.org, which indicates that it provides excellent educational opportunities for its students. Additionally, many residents here likely have access to good jobs and incomes which can help support a high level of home equity and home prices.