75962, Nacogdoches, TX

Home Equity and Home Prices in the 75962 Zip Code of Nacogdoches, TX

There is no doubt that home equity is one of the most important assets a person can have. Not only does it provide a cushion against unexpected financial challenges, but it also provides a measure of financial security. In fact, according to The National Association of Realtors®, home equity is now more important than ever as an asset class for Americans.

That said, there are a number of factors that can affect home equity values. For example, interest rates and inflation can both impact home prices over time. Additionally, the market conditions in which a particular zip code operates can also have an impact on prices. That being said, there are some key indicators that can help you understand how the market is performing in your area.

One such indicator is the Zillow Home Value Index® (ZHVI). This index measures changes in median home values across all U.S. zip codes over time and provides an overall snapshot of market conditions across the country. As you can see from the chart below, ZHVI has been trending upwards for much of 2018 – indicating that prices are increasing across most areas in Nacogdoches County (and likely elsewhere too).