77517, Santa Fe, TX

The Santa Fe, TX 77517 zip code has a median home value of $269,900 and a median home equity of $146,500. The Santa Fe, TX 77517 zip code has a population of approximately 25,000 people.

The Santa Fe, TX 77517 zip code is one of the most expensive zip codes in Texas. The median home value in the Santa Fe, TX 77517 zip code is more than double the statewide median home value of $130,800 and more than triple the national median home value of $177,200. Additionally, the Santa Fe, TX 77517 zip code has a much higher percentage of homes with a mortgage compared to other Texas zip codes. Approximately 64% of homes in the Santa Fe, TX 77517 zip code have a mortgage compared to only 33% statewide and 31% nationally. This high level of homeownership may be due to the high levels of home equity in this area.

Despite being one of the most expensive areas in Texas for homes and mortgages, there are still many opportunities for buyers in the Santa Fe area. The average list price for homes in this area is around $300K which is below average for Texas but still above average for Central Texas. Additionally there are many affordable neighborhoods within close proximity to downtown Santa Fe that would make great starter or secondary homes.