75758, Chandler, TX

Home Equity and Home Prices in the 75758 Zip Code of Chandler, TX

The home equity and home prices in the 75758 zip code of Chandler, TX are very high. The median home value in this zip code is $269,000, which is more than triple the national median home value of $106,500. Additionally, the percentage of homes that are worth more than their original purchase price is also high in this zip code. Approximately 68% of homes in this zip code are worth more than their original purchase price. This is much higher than the national average of just over half (53%).

One reason for these high home values and percentages may be due to the many affluent residents living in this zip code. The population density here is low compared to other areas of Chandler, so there are a lot of single-family homes available for sale. Additionally, many people who live here own their homes outright rather than having a mortgage or other type of loan attached to them. This gives them a lot more control over their financial situation and may lead to them being able to buy a house that is worth more than what they would have been able to afford if they had taken out a traditional loan.

Despite these high values and percentages, it's important not to forget that not everyone in this zip code can afford a house that's worth hundreds or even thousands of dollars above what they paid for it. There are also plenty of families who live here who make less money than the average person living in America and still manage to buy houses that are worth quite a bit more than what they originally paid for them. This shows how even though there may be some pockets within society where housing values are extremely high, on average most people can still afford houses that cost less than $200,000 if they're willing to put up some extra money down payment or take on some additional debt financing options.