75067, Lewisville, TX

The 75067 zip code of Lewisville, TX has a median home value of $141,200 and a median home equity value of $113,000. The average household income in the 75067 zip code is $86,500. Approximately one-third (33%) of households in the 75067 zip code have at least one vehicle available for purchase. The average commute to work is 26 minutes.

The housing market in the 75067 zip code has seen steady growth over the past five years. In 2013, the median home value was $128,700 and the median home equity was $106,000. Between 2013 and 2017, the median home value increased by 14% and the median home equity increased by 18%. This growth can be attributed to several factors: low interest rates (0%), increasing demand for homes due to population growth (+5%), and limited supply (-5%).

Despite this positive trend, there are some areas where growth may be slower or even reverse in future years. For example, while demand for homes continues to increase throughout Lewisville (+5%), there may be a decrease in demand for single-family homes (-4%). Additionally, while prices continue to rise throughout most of Lewisville (+14%), prices within city limits (+15%) are outpacing those outside city limits (+10%).

Overall though, homeownership remains an important part of American culture and is likely to remain so through 2020 as long as interest rates remain low and there is continued demand for homes.