87021, Milan, NM

Home Equity and Home Prices in the 87021 Zip Code of Milan, NM

There is no doubt that home equity is one of the most important assets a person can own. It provides a cushion against unexpected financial setbacks, allows for more flexibility in budgeting, and can be used to pay down debt or invest for future growth.

According to The National Association of Realtors®, the median home value in the 87021 zip code was $191,200 as of September 2017. This represents a 2% increase from $187,600 at this time last year.

While there may be regional variations within any given zip code, it’s safe to say that home values in Milan are on the rise. This could be attributable to a number of factors – including strong job growth and low interest rates – but whatever the case may be, it’s clear that homeownership opportunities abound in this area.

If you’re interested in purchasing or refinancing a home in Milan, don’t hesitate to reach out to our team at The Mortgage Advisors Group®! We would be happy to provide you with an overview of all available options and help you make an informed decision about your next steps.