89823, Deeth, NV

The 89823 zip code of Deeth, Nevada is located in the Las Vegas metropolitan area. The median home value in this zip code is $236,000. The home equity index for this zip code is 95.5%. This means that the average homeowner in this zip code has over $236,000 of equity in their home. This high level of equity indicates that homeowners in this zip code are very confident in their ability to maintain and improve their homes.

The average mortgage rate for homes in the 89823 zip code is 4.02%. This means that homeowners can borrow a total of $236,000 using a conventional mortgage at an interest rate of 4.02%. Given that the average home value is over $236,000, most homeowners will be able to afford a mortgage with a 5% down payment and no origination fees.

There are several factors contributing to the high level of equity enjoyed by homeowners in the 89823 zip code. First, Deeth has a low unemployment rate (3%) which means that there are plenty of jobs available to people looking to buy or sell homes. Second, Deeth has a low foreclosure rate (0%) which indicates that there are few properties being sold or rented out due to foreclosure proceedings. Finally, Deeth has a low crime rate which makes it an safe place to live and raise children.