77988, Telferner, TX

Telferner is located in the Dallas-Fort Worth metro area and has a population of approximately 2,000. The median household income in Telferner is $92,000, and the median home value is $269,000. Home equity in Telferner is high compared to other areas of the country. In fact, according to Zillow’s 2018 Home Value Index report, Telferner has the highest home equity index of any zip code in Texas.

One reason for this high level of home equity may be Telferner’s strong economy. The unemployment rate in Telferner is 3%, which is lower than the statewide unemployment rate of 4%. Additionally, the percentage of adults with a college degree or higher is above average for Texas (30%). These factors may contribute to why homes in Telferner are worth more than homes elsewhere in Texas.

Another factor that may contribute to high home values in Telferner is its low population density. There are only about 1,500 people per square mile (compared to about 2,600 people per square mile in most parts of Texas), which may make it easier for buyers to find a good deal on a home. Additionally, there are relatively few new homes being built in Telferner compared to other parts of Texas (about 5 new homes were built per 100 residents during 2017). This limited supply may help keep prices high relative to other areas of the state.