76887, Voca, TX

Home Equity and Home Prices in the 76887 Zip Code of Voca, TX

The home equity and home prices in the 76887 zip code of Voca, TX are very high. The median home value in this zip code is $269,000, which is significantly higher than the national median home value of $177,500. Additionally, the percentage of homes that are owner-occupied in this zip code is above the national average of 63%. This indicates that many people in this zip code are able to afford to buy a home.

The high home values and owner-occupancy rates may be due to several factors. First, the area has a low unemployment rate (3% as of May 2017) which may make it more desirable for people looking to buy a home. Second, there is a high concentration of jobs in businesses located within walking distance of homes, which may also contribute to the high values. Finally, Voca is located within close proximity to several large cities such as Austin and San Antonio which may also contribute to its high home values.