89044, Henderson, NV

Henderson, Nevada is located in Clark County and has a population of over 277,000 people. The 89044 zip code covers a total area of 9.5 square miles and has a median home value of $269,900. Home equity in the 89044 zip code has increased by an average of 7% annually over the past five years.

The primary drivers of home equity growth in Henderson are strong job growth and low interest rates. Over the past year, Henderson's unemployment rate has decreased by 1%, which is indicative of strong job growth in the area. Additionally, low interest rates have helped to fuel home equity growth by making it cheaper for homeowners to borrow money to purchase homes.

Despite these positive trends, there are some challenges that could impact home equity growth in the future. For example, if interest rates increase or if there are any unforeseen economic downturns, then home values could decrease significantly. Additionally, although Henderson's economy is strong overall, there may be pockets of weakness that could lead to lower home values in certain areas or neighborhoods.