84401, Ogden, UT

The 84401 zip code of Ogden, UT has a median home value of $183,200 and a median home equity value of $119,000. These values are higher than the national median home value of $177,800 and the national median home equity value of $106,100. The 84401 zip code is also above the Utah median home value of $162,600 and the U.S. average home equity value of $104,900.

There are several factors that may contribute to these high values in the 84401 zip code. First, Ogden is a desirable location with access to both mountains and lakes. Second, there is a strong economy with low unemployment rates and an abundance of jobs. Third, homes in this area are typically well-maintained and have plenty of room for expansion or additions. Finally, there is significant demand for housing in this area due to its excellent quality and affordability.

Despite these positive factors, there are some challenges facing homeowners in the 84401 zip code. One issue is that prices have been increasing faster than wages over the past few years which may make it difficult for people to afford homes on their own without taking on additional debt or selling their current homes at a lower price than they would like. Additionally, there has been an increase in foreclosures in recent years which could lead to decreased demand for homes in the near future.