76905, San Angelo, TX

The San Angelo, TX 76905 zip code has a population of around 116,000 people and is located in the southwestern part of the state. The median home value in this zip code is $128,000 which is about $27,000 more than the Texas median home value of $106,800. The home equity in this zip code has increased by about 27% over the past five years which is much faster than the statewide increase of only 8%. This indicates that there are a lot of opportunities for homeowners to get more out of their homes through refinancing or using their home equity to purchase additional property.

One reason why home values have increased so much in this zip code is because there are a lot of new homes being built here. In fact, over the past five years there has been an average of 2 new homes being built per month which has helped to keep prices high. Additionally, many homeowners here have been able to refinance their mortgages and use their home equity as collateral for loans that they can use for other purposes such as purchasing additional property or starting businesses.

Overall, it seems that homeownership rates are high in this zip code and that there are plenty of opportunities for people to get more out of their homes through refinancing or using their home equity. This makes it a good place to live if you want to be able to afford your mortgage payments and also have some extra money available for other purposes such as buying additional property or starting a business.