75180, Balch Springs, TX

Home Equity and Home Prices in the 75180 Zip Code of Balch Springs, TX

The home equity and home prices in the 75180 zip code of Balch Springs, TX are very high. The median home value in this zip code is $225,000, which is more than triple the national median home value of $106,500. Additionally, the percentage of homes that are owner-occupied in this zip code is significantly higher than the national average of 63%. This indicates that there are a lot of homeowners in this area who are able to benefit from high home values and stable housing markets.

One reason why the home equity and home prices in this zip code are so high is because Balch Springs is a desirable location. The city has a lot of amenities that make it an attractive place to live, including excellent schools and recreational opportunities. Additionally, Balch Springs is located within close proximity to Dallas/Fort Worth International Airport (DFW), which makes it an ideal place to live for people who work in the metropolitan area.

Despite these benefits, there may be some potential downside risks associated with living in this area. For example, Balch Springs has seen a rise in crime rates over recent years, which could make it less safe for people who live here. Additionally, although DFW is a major economic center with a lot of jobs available, it can also be expensive to live here if you don't have a job or if you want to commute into downtown Dallas/Fort Worth.