76661, Marlin, TX

Home Equity and Home Prices in the Marlin, TX 76661 Zip Code

The Marlin, TX 76661 zip code has a median home value of $161,000. This is higher than the national median home value of $157,500. The Marlin, TX 76661 zip code also has a lower than average home equity percentage of 57%. This means that homeowners in this zip code have less equity in their homes than homeowners in other areas.

Despite having less equity in their homes, homeowners in the Marlin, TX 76661 zip code are still able to borrow against their homes to purchase additional property or to finance larger purchases. In fact, according to Zillow’s Mortgage Calculator tool, the average mortgage amount for homeowners in this zip code is $183,000.

This high level of borrowing indicates that there is strong demand for housing stock within the Marlin, TX 76661 zip code. Additionally, because there is such strong demand for housing stock within this area and because home prices are so high relative to other areas within Texas (and nationwide), it is likely that prices will continue to rise over time.