81155, Villa Grove, CO

The Villa Grove, Colorado 81155 zip code has a population of approximately 6,000 people. The median household income in this zip code is $72,000. Villa Grove is located in Douglas County and has a population density of about 2,500 people per square mile. The home equity and home prices in the Villa Grove zip code are reflective of the overall market conditions in Douglas County.

The Villa Grove home equity market is generally healthy with average values ranging from $137,000 to $167,000. There are a few exceptions where values have dipped below the $100,000 mark but these are typically short-term fluctuations that will eventually rebound. The Villa Grove home prices have been relatively stable over the past few years with an annualized growth rate of 2%. This means that on average homes have increased by 2% each year which is consistent with the statewide trend.

There are several factors that contribute to the health of the Villa Grove home equity market including low interest rates and strong job growth rates. In addition, there is limited inventory which keeps prices high and encourages buyers to enter into contract negotiations quickly. Finally, Villa Grove residents tend to be affluent and have ample funds available for down payments which also contributes to stability in prices.