76561, Oglesby, TX

The Oglesby home equity and home prices are reflective of the overall market conditions in the zip code. The median home value in Oglesby is $101,000, which is lower than the statewide median of $205,000. However, this does not mean that there are not opportunities for homeowners in Oglesby. The average list price for homes in Oglesby is $119,500, which is higher than the statewide average of $107,500. This indicates that there are still opportunities to purchase a home in Oglesby at a reasonable price.

There are several factors that may contribute to the lower median home value in Oglesby. One reason could be that there are fewer homes available for sale in the zip code than other areas of Texas. Additionally, many homes in Oglesby were built before 1990 and may not meet current standards for construction quality and features. As a result, these older homes may have less value than newer homes on the market.

Despite these challenges, there are still opportunities for homeowners who want to purchase a home in Oglesby. The average list price for homes currently available for sale is $120,000 which is higher than the statewide average of $107,500 but still within reach of many potential buyers. Additionally, interest rates remain low which makes it easier for buyers to qualify for a mortgage and afford a home purchase in Oglesby."