76643, Hewitt, TX

The Hewitt, TX 76643 zip code has a population of around 10,000 people. The median household income in the Hewitt, TX 76643 zip code is $73,500. The median home value in the Hewitt, TX 76643 zip code is $128,000.

There has been a steady increase in home equity and home prices over the past few years in the Hewitt, TX 76643 zip code. In 2014, the median home value was $123,000 and by 2017 it had increased to $128,000. This trend is likely to continue as more people are able to afford homes and as the economy continues to improve.

One reason for this increase in home values is that there are relatively few homes for sale in the Hewitt, TX 76643 zip code compared to other areas of Texas. This means that there is competition for homes which drives up prices. Additionally, many homeowners have been able to refinance their mortgages which has helped them save money on their monthly payments and allowed them to borrow more money against their homes than they would have been able to before.

While homeownership rates have decreased over time in many parts of America due to rising housing costs and low interest rates, rates in the Hewitt, TX 76643 zip code remain high which helps drive up home values even further.