75024, Plano, TX

The 75024 zip code of Plano, TX has a median home value of $225,000 and a median home equity value of $144,000. The average home size in the 75024 zip code is 2,500 square feet. The 75024 zip code has a population of approximately 214,000 people.

There are many factors that contribute to the high home values in the 75024 zip code of Plano, TX. One reason is that the area is affluent and has a high rate of homeownership. Additionally, there is a large number of families with children living in the area which contributes to demand for homes. Finally, the market has been strong over the past few years due to low interest rates and increasing demand from buyers.

Despite these positive factors, there are some challenges facing homeowners in the 75024 zip code of Plano, TX. One issue is that prices have increased significantly faster than incomes over recent years which may cause some people to struggle to maintain their homes if they cannot find another buyer who is willing to pay more than their current mortgage balance. Another challenge for homeowners in this area is that there are limited options for larger homes due to zoning restrictions and limited land availability within the city limits.