76470, Ranger, TX

The home equity and home prices in the 76470 zip code of Ranger, TX are very high. The median home value in this zip code is $247,500, which is more than double the national median home value of $117,500. Additionally, the percentage of homes in this zip code that are worth more than $300,000 is significantly higher than the national percentage of homes that are worth more than $300,000. This indicates that there is a high demand for homes in this zip code that are worth a significant amount of money.

One reason why the home equity and home prices in the 76470 zip code of Ranger, TX are so high is because there is a significant number of affluent residents living in this area. The percentage of households earning over $100,000 per year is significantly higher than the national percentage of households earning over $100,000 per year. This indicates that there is a high demand for luxury homes in this area. Additionally, there are a number of large corporations located in or near this zip code, which also contributes to the high demand for homes in this area.

Despite these factors contributing to the high demand for homes in the 76470 zip code of Ranger, TX, it appears that not all homeowners are able to purchase or sell their homes at an appropriate price given these conditions. The average sale price for properties within this zipcode has decreased by 9% since 2016 when compared to nationwide trends during that same time period. This suggests that there may be too much competition among buyers and sellers for properties within this area and that prices may eventually decrease if current trends continue