76652, Kopperl, TX

Kopperl, TX is located in the 76652 zip code. The median home value in this zip code is $151,000. The home equity index for this zip code is 116%. This means that the homes in this zip code are worth 116% more than what it would cost to buy them outright. Additionally, the average home price growth rate for this zip code over the past five years has been 5%. This indicates that there is a high demand for homes in Kopperl and that prices are likely to continue to rise.

The main reason why home prices are so high in Kopperl is because of its strong economy. Kopperl has a GDP per capita of $54,000 which is higher than the national average of $53,000. Additionally, Kopperl has a low unemployment rate of 2%. These factors combined make Kopperl an attractive place to live and invest in property.

Another reason why home prices are rising so rapidly in Kopperl is because there is a limited supply of homes available for purchase. Over the past five years, there have been only 8 new homes built in this zip code which means that demand far outstrips supply. This situation will likely continue as long as the economy remains strong and there are no major development projects planned for Kopperl within the next few years.