76557, Moody, TX

The 76557 zip code of Moody, TX has a median home value of $131,000 and a median home equity value of $101,000. The zip code has a population of around 2,500 people and is located in the Dallas-Fort Worth metro area.

Moody is located in Collin County and has a humid subtropical climate. The average temperature in Moody is 73 degrees Fahrenheit and the average rainfall is around 38 inches per year. The unemployment rate in Moody is around 5%.

The majority of homes in the 76557 zip code are owner-occupied. Around 60% of homes are single family homes while around 40% are multi-family homes. There are also a small number of condos and apartments located in the zip code.

The average age of homes in the 76557 zip code is around 36 years old which is slightly higher than the national average age of 33 years old. Around 30% of households have children under 18 living with them while about 50% have children aged 18 or older living with them.

Home prices have been increasing steadily over the past few years in Moody due to strong demand from buyers and limited supply from sellers. In 2018, home prices increased by 4%. Over the past five years, home prices have increased by an average of 6%.

There has been some speculation that rising interest rates could cause prices to decrease in Moody over time as borrowers may be unable to afford higher payments on their mortgages if rates increase significantly from their current levels. However, so far there does not appear to be any significant impact on home values from rising interest rates overall