77445, Hempstead, TX

The home equity and home prices in the 77445 zip code of Hempstead, TX are very high. The median home value in this zip code is $1,052,000, which is more than double the national median home value of $476,500. The average home value in this zip code is also significantly higher than the statewide average of $483,200. This indicates that there are a lot of homes in this zip code that are worth a lot of money.

One reason why the homes in this zip code are so valuable is because they are located near some major cities. Hempstead is located just minutes away from Houston and Galveston, which both have a large population and lots of businesses. These cities provide a lot of jobs and opportunities for people who live in the 77445 zip code. Additionally, many people who live in this area commute to work each day by car or bus. This means that there is a lot of demand for housing here and prices have been able to rise high because of it.

Despite the high prices, there does seem to be some opportunity for buyers who want to purchase a home in this area. The unemployment rate in Hempstead is only 3%, which is much lower than the statewide unemployment rate of 6%. Additionally, there has been an increase over recent years in the number of homes available for sale within this zip code. This suggests that there may be some room for buyers who want to purchase a house but don’t want to pay top dollar for one.