76448, Eastland, TX

Eastland, TX is located in Williamson County and has a population of over 30,000. The median household income in Eastland is $86,000 and the median home value is $144,000. The 76448 zip code has a homeownership rate of 68% and a vacancy rate of 2%.

Eastland's home equity market has seen strong growth over the past few years. In January 2017, the home equity market in Eastland had an average home value of $141,500. This increased to an average home value of $158,500 by December 2017. This increase can be attributed to strong demand from buyers and limited supply due to stricter lending criteria imposed by banks.

The average monthly mortgage payment for homes in Eastland is $1,722 which is lower than the national average of $2,471. This suggests that buyers are able to afford homes in Eastland despite having higher monthly payments than other areas.

There are several factors that have contributed to the strong growth in Eastland's home equity market including:

-Low interest rates: The low interest rates available on mortgages have made it easier for buyers to purchase homes in Eastland.

-Stable economy: The stable economy has allowed people to save money which they can then use to purchase homes or invest in other assets such as stocks or bonds. This has helped keep demand high for housing throughout the country.

-Limited supply: There are currently limited number of properties available for sale which has led to increased prices for properties in Eastland.