77489, Missouri City, TX

The 77489 zip code of Missouri City, TX has a population of over 210,000 people and a median household income of over $100,000. The home equity and home prices in this zip code are both very high. As of September 2017, the median home value in this zip code was $269,500 and the median home equity was $187,500. This is far above the national median home value of $181,800 and the regional median home equity of $142,700.

One reason for the high home values in this zip code is that it is located in one of the most affluent areas in Texas. Missouri City is located just north of Houston and has a population that is highly educated and wealthy. Additionally, many homes in this zip code are owned by investors who are looking to make money on their investments rather than live in them. This means that there is a lot of demand for homes in this area and thus they are able to sell quickly and at high prices.

Another reason for the high home values in this zip code is that there are a lot of luxury homes available here. Many people who live in this area are wealthy enough to afford a luxury home but also want access to great schools and amenities so they choose to live near these types of neighborhoods. As a result, there is an abundance of luxury homes available here which drives up the prices even more.