75605, Longview, TX

The 75605 zip code of Longview, TX has a median home value of $127,500 and a median home equity value of $117,000. These values are above the national median home value and median home equity values, respectively. The 75605 zip code is also above the Texas median home value and Texas median home equity values.

The 75605 zip code has a high percentage of homeowners with a mortgage (77%) and a low percentage of homeowners with only cash or savings (13%). This indicates that most homeowners in the 75605 zip code have access to financing to purchase their homes. Additionally, the percentage of homeowners who owe more on their mortgage than their home is worth is low (4%). This indicates that most homeowners in the 75605 zip code are able to maintain their homes despite having debt obligations that exceed their assets.

The average sale price for homes in the 75605 zip code was $130,000 over the past year. The average sale price for homes in this zip code has increased by 7% since 2016. This indicates that there is strong demand for housing in the 75605 zip code and that prices will continue to increase over time.