89831, Mountain City, NV

Mountain City, Nevada is located in the eastern part of the state and has a population of just over 10,000 people. The median household income in Mountain City is just over $60,000 and the median home value is just under $200,000. In recent years, home prices have been on the rise in Mountain City. In March of this year, the median home value was $209,500 which was up from $203,500 in March of 2016. Additionally, during the same time period (March 2016-March 2017), the average home equity increase was 8%.

There are a number of reasons why home prices have been increasing in Mountain City. One reason is that there are a limited number of homes available for sale and those that are available tend to be more expensive than they were a few years ago. Additionally, many people who live in Mountain City own their homes which gives them some degree of security when it comes to purchasing property. Finally, many people who live in Mountain City believe that the market will continue to go up and are willing to pay more for property than they would if they believed that prices would decrease soon thereafter.