75153, Powell, TX

The 75153 zip code of Powell, TX has a median home value of $119,000 and a median home equity value of $130,000. These values are significantly higher than the statewide median home value of $76,500 and statewide median home equity value of $101,000. The 75153 zip code is also significantly higher than the national median home value of $177,200 and national median home equity value of $142,400.

There are several factors that may contribute to the high values in the 75153 zip code. First, Powell is located in an affluent area with a high rate of homeownership. Second, Powell has a low rate of unemployment which may lead to increased demand for homes and property investments. Third, Powell has a low rate of foreclosure filings which may lead to increased demand for homes in this area. Fourth, Powell has a high rate of household income which may lead to increased demand for housing and property investments. Fifth, Powell has a low rate of population growth which may lead to limited available housing stock and higher prices for properties in this area. Sixth, Powell is experiencing strong economic growth which may lead to increased demand for housing and property investments.