77563, Hitchcock, TX

Hitchcock, TX is located in Williamson County and has a population of around 36,000. The median household income in the zip code is $75,000 and the median home value is $236,000. Home equity in Hitchcock has increased significantly over the past few years and there are many reasons for this.

One reason for the increase in home equity is that the market for homes in Hitchcock has been very strong. The average list price for homes in Hitchcock was $269,900 as of March 2017 and the median sale price was $255,000. This means that there are a lot of people who are able to buy homes in Hitchcock at prices that are above what they would be able to find elsewhere. Additionally, many people who live in Hitchcock have been able to take advantage of low interest rates over the past few years. This has allowed them to borrow money against their home equity and use that money to purchase additional property or pay down other debts.

Another reason why home equity has increased so much in Hitchcock is because of the growth of the local economy. The local economy has been doing well overall over the past few years and this has led to an increase in jobs and wages across all sectors of society. As a result, more people are able to afford homes than ever before even if they don't have any extra money saved up specifically for housing costs.