86510, Pinon, AZ

The 86510 zip code of Pinon, Arizona has a median home value of $202,000 and a median home equity value of $141,000. The 86510 zip code ranks #1 in the state for both home values.

There are a number of factors that contribute to the high home values in the 86510 zip code of Pinon. One reason is that the area is located in one of the most desirable parts of Arizona. There are also a number of luxury homes and estates available for sale in this area, which can increase the value of an average home by several thousand dollars.

Another factor that contributes to the high home values in the 86510 zip code is the low unemployment rate. This means that there are plenty of people who are able and willing to buy homes here. Additionally, there is a strong demand for housing stock in this area due to its proximity to major cities such as Phoenix and Tucson.

Despite these factors, there may be some risks associated with buying a home in the 86510 zip code. For example, if interest rates rise significantly from their current levels, it could make it more difficult for homeowners to afford their mortgages payments. Additionally, if there is an economic downturn or another housing market crash, prices may decline significantly relative to their current levels.