76120, Fort Worth, TX

The 76120 zip code of Fort Worth, TX has a population of over 1 million people and is one of the most populous zip codes in the United States. The median home value in this zip code is $213,000 which is significantly higher than the national median home value of $161,500. In addition, the home equity index for this zip code is significantly higher than the national average index which indicates that there are more homes with a high level of equity in this area.

One reason why home values are so high in the 76120 zip code is because there are a lot of affluent residents living here. The median household income in this area is well above the national average and there are also a lot of families with children living here. This combination means that there are a lot of potential buyers who are looking to purchase homes in this area. Additionally, many homeowners have taken advantage of low interest rates over the past few years and have been able to increase their home equity levels significantly.

Despite these positive factors, it's important to keep in mind that not everyone living in the 76120 zip code can afford to purchase a home at these prices. There are also a lot of renters living here who may not be able to afford to buy a home even if they wanted to. This means that it's important for buyers who live within this area to do their research before making any decisions about purchasing a home.