76711, Waco, TX

The Waco, TX home equity and home prices are very high when compared to other zip codes in the area. The median home value in the 76711 zip code is $236,000, which is more than double the median home value of $98,500 for all of Waco. Additionally, the percentage of homes that are worth more than $250,000 is also much higher in the 76711 zip code than in any other zip code in Waco. This may be due to the high concentration of wealthy families and affluent professionals who live in this area.

Despite these high home values and percentages, there has been a recent trend of decreasing home equity and prices in the 76711 zip code. Between 2010 and 2016, the percentage of homes that are worth more than $250,000 decreased from 54% to 46%. Additionally, between 2015 and 2016 alone, there was a decrease of 2% in the median home value within this zip code. This suggests that there may be some instability or risk associated with investing money into homes within this area.