75959, Milam, TX

Home Equity and Home Prices in the 75959 Zip Code of Milam, TX

The home equity and home prices in the 75959 zip code of Milam, TX are very high. The median home value in this zip code is $252,000, which is more than triple the national median home value of $116,500. Additionally, the percentage of homes that are owner-occupied in this zip code is above the national average of 63%. This indicates that many people in this area are able to afford to buy a home.

One reason for the high home values and homeowner status in this zip code may be because there is a high concentration of families with children. Families with children are often able to afford higher-priced homes because they can use their incomes to pay down the mortgage faster. Additionally, there is a large number of single-family homes available for purchase in this area, which may also contribute to the high home values.