75148, Malakoff, TX

The Malakoff home equity and home prices are reflective of the surrounding area. The median home value in the zip code is $183,000, which is above the statewide median of $151,000. Additionally, the percentage of homes sold for over $200,000 is above the statewide average of 33%. This indicates that there are a high number of affluent homeowners in this area.

One factor that may contribute to this high level of home values is the presence of several prestigious schools in Malakoff. These include St. John's School (a private school), The Kinkaid School (a private school), and The Hockaday School (an all-girls school). These schools attract families with higher incomes who want to live in close proximity to excellent educational institutions.

Another contributing factor may be the strong economy in Texas overall. Since 2007, when the housing market crashed, Texas has had one of the strongest economies in America. This has led to an increase in job opportunities and an increase in household income levels throughout Texas. As a result, more people are able to afford homes at higher prices than would have been possible before 2007.