85940, Vernon, AZ

The 85940 zip code of Vernon, AZ has a median home value of $128,000 and a median home equity value of $101,000. These values are significantly lower than the national median home value of $217,500 and the national median home equity value of $142,000.

There are a number of factors that may contribute to the low home values in the 85940 zip code. One potential reason is that this area is located in an economically depressed region of Arizona. Additionally, there may be a lack of available housing stock in this area, which could lead to higher prices for homes that do exist.

Despite these factors, it is still possible for homeowners in the 85940 zip code to achieve significant gains in their home equity values over time. If they are able to make wise investments and take advantage of market trends, they could see their homes increase in value by as much as 50%.