75447, Ivanhoe, TX

The 75447 zip code of Ivanhoe, TX is located in the Dallas-Fort Worth metro area. The median home value in this zip code is $211,000 and the median home equity is $116,000. This means that approximately 58% of homes in this zip code are worth more than their original purchase price. Additionally, the average home value growth rate for this zip code over the past five years has been 6%. This indicates that there is a high demand for housing in this area and that prices are likely to continue to rise.

One reason why home values have increased so much in the 75447 zip code is because of its proximity to major metropolitan areas such as Dallas and Fort Worth. Many people who live in this area commute to work each day and are looking for an affordable place to live that is close to where they work. Additionally, many people who live in this area are young professionals who want to be able to afford a nice home without having too much debt attached to it. As long as there continues to be strong demand for housing in the 75447 zip code, prices will continue to increase.