75013, Allen, TX

Home Equity and Home Prices in the 75013 Zip Code of Allen, TX

The home equity and home prices in the 75013 zip code of Allen, TX are very high. The median home value in this zip code is $225,000, which is more than triple the national median home value of $102,500. In addition, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the national percentage of homes that are worth more than $300,000. This indicates that there are a lot of homes in this zip code that are worth a lot of money.

One reason why the home equity and home prices in this zip code are so high is because there is a lot of demand for property here. The population density in this zip code is low compared to other parts of Texas, so there is room for a lot of new homes to be built. Additionally, Allen has been growing rapidly over the past few years and so there is an increasing demand for property here. This means that people who want to buy a house in Allen can do so at a very high price tag.

Another reason why the home equity and home prices in this zip code are so high is because there is a lot of money available to be invested here. The unemployment rate in Allen was only 2% as of September 2016, which was much lower than the national unemployment rate of 4%. This means that there is plenty of people who can afford to invest their money into buying a house or investing into another type of property such as stocks or bonds. Therefore, it's not surprising that the percentage of homes in this zipcode that are worth more than $300kis significantly higher than the national percentageof homes thatareworthmorethan$300k