75573, Redwater, TX

The home equity and home prices in the 75573 zip code of Redwater, TX are reflective of the overall market conditions in the area. The median home value in this zip code is $128,000, which is lower than the statewide median home value of $205,000. However, this does not mean that there are not a number of homes for sale in this zip code. In fact, there are currently 36 homes for sale in this zip code. This indicates that there is a good selection of homes available for purchase within this area.

When it comes to home equity, homeowners in the 75573 zip code have a median equity balance of $101,000. This indicates that most homeowners have enough equity in their homes to cover some short-term financial needs. Additionally, homeownership rates in this zip code are high at 96%. This indicates that many people who live in this area are confident about their ability to buy or sell a home should they need to do so.

When it comes to home prices, the average price per square foot for homes located within the 75573 zip code is $104. This is higher than the statewide average price per square foot of $93 but still lower than some other areas within Texas such as Houston or Dallas-Fort Worth-Arlington.