89519, Reno, NV

Reno, Nevada is a city located in the state of Nevada. The population of Reno was estimated to be around 585,000 people in 2016. Reno is known for its casinos and entertainment venues, as well as its natural beauty. Home equity and home prices in the 89519 zip code of Reno have been on the rise over the past few years.

The median home value in the 89519 zip code of Reno was $269,500 as of September 2017. This represents an increase of over 10% from $248,000 during the same period last year. The average home value in this zip code has also increased by over 10%, reaching $291,000 as of September 2017. This indicates that there is a high demand for homes in this area and that homeowners are able to reap significant benefits from rising home values.

One reason why home values have been increasing so rapidly in the 89519 zip code of Reno is because there are many new developments being built here. These developments include luxury apartments and condos as well as single-family homes. In addition, many homeowners who have already purchased homes here are now seeing their property values increase even further due to increased demand from buyers and investors alike.

While it is great news for homeowners who are able to benefit from rising home values, it can also be difficult for people who do not own a property or who do not live in an area where prices are booming right now. For example, if you live outside of the 89519 zip code or if your property does not meet certain criteria (such as being newly constructed), you may find it difficult to sell your house at current prices or even at all.