75054, Grand Prairie, TX

The 75054 zip code of Grand Prairie, TX has a median home value of $134,000 and a median home equity value of $119,000. The 75054 zip code has a population of about 158,000 people and is located in Dallas County.

The average price per square foot for homes in the 75054 zip code is $72. The average price per square foot for homes in the Grand Prairie area is $77. The average price per square foot for all housing units in the Grand Prairie area is $75.

There has been an increase in home values over the past five years in the 75054 zip code. In 2012, the median home value was $128,000 and the median home equity value was $106,000. In 2016, the median home value was $134,000 and the median home equity value was $119,000. This indicates that there has been an increase of about 10% in home values over this time period.

One factor that may have contributed to this increase in home values is that there are relatively few new homes being built in the 75054 zip code compared to other areas of Dallas County. This may be due to restrictions on development imposed by city officials or because there are not enough buyers interested in purchasing new homes within this area. Additionally, many homeowners who live within the 75054 zip code have managed to keep their properties well-maintained which may also contribute to increased property values over time.